Auditing

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.
Regulation

Ex-BDO CPAs Suspended Over AmTrust Audit

The SEC says the three accountants misrepresented that the audit had been completed after the audit team fell behind schedule.
Supply Chain

Tariff Turmoil Spurs Need for Rigorous Vendor Screening

To the long list of massive administrative headaches multinational finance departments must start thinking about, we may now add trade compliance.
Auditing

Auditing the Auditor

Whether internal or external, audits rarely detect insider fraud. Here’s why.
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