Auditing

Auditing

Chief Audit Execs: Internal Audit Can Do Better

CAEs say their function doesn't make adequate efforts in communicating with the board and management, among other shortcomings.
Auditing

Accounting Watchdog Finds Ongoing Problems at KPMG

The PCAOB’s criticism came in its 2017 inspection report for the firm.
Auditing

SOX 404(b) Provides Investor Value After All

Study results contradict critics who are trying to water down the Sarbanes-Oxley requirement for auditing internal controls over financial reporting.
Auditing

Rate of Growth in Audit Fees Doubled in 2017: FERF

New accounting standards, greater M&A activity, and PCAOB documentation requests drove up fees, according to the Financial Executives Research Foundation.
Auditing

PCAOB to Focus on New Technologies in 2019

The boards says cybersecurity risks, software audit tools, and digital assets will be among its areas of emphasis for audit inspections.
Auditing

AICPA Issues New Benefit Plan Audit Rules

The institute has been seeking to improve the quality of plan audits since a critical government report in 2015.
Auditing

8 Keys for a Successful Financial Audit

For SaaS businesses, audit preparation can be stressful. Here's how to make it easier.
Auditing

Metric of the Month: Automated Primary Controls

Automation can process more internal controls data in less time, with greater accuracy, pinpointing suspicious activity that manual auditing might miss.
Auditing

Audit Committees Say More About Auditor Choices

Public companies' most recent proxy statements contain more disclosure from their audit committees about the selection and oversight of external auditors.
Auditing

Auditing: Time for an Adjustment?

Keeping the auditor-client relationship free of conflicts of interest is still a struggle.
Auditing

Lessons on Auditing from Carillion’s Collapse

The sudden failure of U.K. construction firm Carillion exposes the limits of public company auditing and sparks discussion of reforms.
Risk Management

Email Scammers Still Tripping Up Finance Personnel

The SEC finds that internal accounting controls failed to prevent nine public companies from losing money to business email fraud.
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