Audit Archives - CFO

Blockchain Strategies Needed as U.S. Clamps Down on Crypto

Blockchain Strategies Needed as U.S. Clamps Down on Crypto

Now is the time for CFOs to get a handle on their cryptocurrency exposures and start figuring out a blockchain strategy.

By Lauren Muskett | June 2, 2021

Alibaba, JD, Pinduoduo’s U.S. Listing Fate Hangs in Balance

Alibaba, JD, Pinduoduo’s U.S. Listing Fate Hangs in Balance

House vote on audit rules could force the delisting of Chinese stocks if they don't comply with regulations.

By Lauren Muskett | November 30, 2020

What’s Next Now That AI Has Gone Mainstream?

What’s Next Now That AI Has Gone Mainstream?

Even before COVID-19 thrust AI into the spotlight, the technology was gaining widespread adoption in the most surprising places.

By Vincent Ryan | April 8, 2020

An Empowered Audit Team Can Be the Ultimate Safeguard

An Empowered Audit Team Can Be the Ultimate Safeguard

Regtech can improve transparency, but without the right culture even the best technology will fall flat.

By Vincent Ryan | December 4, 2019

PwC Fined Over Audit Failure

Risk & Compliance

PwC Fined Over Audit Failure

The company was fined $5.8 million over its audit of technology firm Redcentric.

By Lauren Muskett | June 13, 2019

Tech Companies to Watch 2019: AuditBoard

Tech Companies to Watch 2019: AuditBoard

AuditBoard's cloud-software platform automates how enterprises handle critical risk, audit, and compliance work.

By David McCann | May 1, 2019

Symantec Beats Earnings Estimates, CFO to Resign

Symantec Beats Earnings Estimates, CFO to Resign

The announcement on Noviello’s departure was made as the company stated it outperformed profit and revenue estimates in the last quarter

By Lauren Muskett | February 1, 2019

8 Keys for a Successful Financial Audit

8 Keys for a Successful Financial Audit

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

By SaaSOptics, CEO, and Tim McCormick | November 26, 2018

PCAOB Trying Different Tack in Selecting Audits

Risk Management

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.

By Vincent Ryan | May 10, 2017

Higher Pay for Auditors Leads to Fewer Restatements

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.

By David Katz | April 27, 2017

Auditors Can Be Friendly as Well as Skeptical, Study Finds

Auditors Can Be Friendly as Well as Skeptical, Study Finds

Auditors who trust their clients can feel freer to be more skeptical of their financial reporting.

By David Katz | April 19, 2017

KPMG Replaces Audit Chair in Wake of PCAOB Leaks

KPMG Replaces Audit Chair in Wake of PCAOB Leaks

An employee at the accounting oversight board leaked news of upcoming inspections to a former PCAOB employee who'd moved to the audit firm.

By David Katz | April 12, 2017

Senators Urge Making PCAOB Hearings Public

Risk & Compliance

Senators Urge Making PCAOB Hearings Public

Sens. Jack Reed and Chuck Grassley say the secrecy of board disciplinary proceedings is keeping critical information from investors.

By Matthew Heller | March 24, 2017

Artificial Intelligence Comes to Financial Statement Audits

Workplace Issues

Artificial Intelligence Comes to Financial Statement Audits

Only human beings, such as the auditor, can tell the true story behind the data.

By Bill Brennan, Mike Flynn, and Mike Baccala | February 2, 2017

Audit Committees Face Expertise, Risk Management Challenges

Risk Management

Audit Committees Face Expertise, Risk Management Challenges

More than four in ten (41%) audit committee members say the effectiveness of companies' risk management programs poses the greatest challenge this year.

By Sean Allocca | January 11, 2017