Audits Are Broken. Here’s a Radical Way to Fix Them.
A certain federal agency should take over all public company audits, suggests a former Big Four auditor and current accounting software company CEO.
The Dark Side of Accounting Expertise
For top executives, managerial experience at an auditing firm is not necessarily a virtue, especially among those who are highly paid, a study finds.
PCAOB Trying Different Tack in Selecting Audits
Among other things, the new approach will limit the ability of firms to predict which of their audits the PCAOB may select to inspect.
Higher Pay for Auditors Leads to Fewer Restatements
The more a Big Four firm pays its auditors, the fewer restatements its clients have, finds a new study.
Disclosing Engagement Partner Improves Audit Quality
It's especially so when audit committee members serve in the same role for other companies with the same audit-firm engagement partner, research finds.
10 Steps to Financial Audit Success
Whether your financial audit is a seamless process or a tiring uphill slog is largely up to you.
CFO’s Accounting and Finance for Executives
Whether you are a powerful decision making executive or an ambitious employee, CFO articles are something everyone in accounting and finance can appreciate.
Audit Firms to Pay $318K Over Microcap Fraud
De Joya Griffith and M&K CPAS were accused of defectively auditing the financial statements of purported mining companies.
Did KPMG Auditors Drop the Ball on FIFA?
Corruption scandal has some wondering whether KPMG's oversight of worldwide soccer's governing body was effective.
Inside Audit Firms: A CFO’s View
After 15 years in the business, a finance chief describes how audit firms operate, manage growth, and pay their partners.
Nearly Half of Public Company Audits Found Defective
Audit deficiencies were most prevalent in internal controls, fair value measurement, and revenue recognition, says the IFIAR.