Auditing Archives - CFO

PCAOB Critics Call On Gensler to Clean House

PCAOB Critics Call On Gensler to Clean House

"We do not believe the current Board members are up to the task of re-focusing the PCAOB on its core mission," says an investor group.

By Vincent Ryan | May 20, 2021

PCAOB Forms Stakeholder Advisory Group

PCAOB Forms Stakeholder Advisory Group

The 18-person panel will have three seats each for audit committee members or directors and financial reporting oversight personnel, including CFOs.

By Vincent Ryan | March 30, 2021

Kaiser to Leave PCAOB; Chief Auditor to Replace Him

Corporate Finance

Kaiser to Leave PCAOB; Chief Auditor to Replace Him

Megan Zietsman, chief auditor and director of professional standards of the PCAOB, will replace Jim Kaiser, who is retiring.

By Vincent Ryan | October 15, 2020

Upgrading the Engagement

Corporate Finance

Upgrading the Engagement

The Big Four have developed impressive technology platforms and tools. Here’s how they might improve auditing.

By Lauren Muskett | December 12, 2019

PwC to Restructure U.K. Audit Practice

PwC to Restructure U.K. Audit Practice

Amid growing pressure from regulators, the firm announced plans for a significant transformation of its audit business.

By Lauren Muskett | June 5, 2019

The 10 Best Technology Articles of 2018

The 10 Best Technology Articles of 2018

Here are CFO editors’ picks for the 10 best technology articles of 2018.

By CFO.com Staff | December 28, 2018

Lessons on Auditing from Carillion’s Collapse

Risk Management

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.

By Russ Banham | October 23, 2018

Auditing the Auditor

Auditing the Auditor

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

By Tiffany Couch and Acuity Forensics | October 2, 2018

Audit Software Firm Nabs $40M in Funding

Risk Management

Audit Software Firm Nabs $40M in Funding

The startup, AuditBoard, offers a cloud-based platform for managing Sarbanes-Oxley compliance and other aspects of internal auditing.

By Vincent Ryan | August 15, 2018

New PCAOB Chair Closely Linked to Sen. Shelby

New PCAOB Chair Closely Linked to Sen. Shelby

The SEC cleans house at the Public Company Accounting Oversight Board.

By David Katz | December 14, 2017

What Are Auditors Looking For This Year?

What Are Auditors Looking For This Year?

As the prime audit season approaches, big changes in business, the economy, technology, and regulations point to an assortment of red flags for auditors.

By Robert Rostan | October 16, 2017

Creating a Cognitive Audit

Robotic Process Automation

Creating a Cognitive Audit

While it's unlikely that auditors will be automated out of existence, cognitive technologies can bring value to the audit.

By Jon Raphael, Thomas H. Davenport, and Deloitte & Touche | July 12, 2017

Humans, Robots Must Combine in Digital Ecosystem

Humans, Robots Must Combine in Digital Ecosystem

With the pressure to adapt to digital, many CFOs are responding by using technologies on a one-off basis.

By Felice Persico | June 27, 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

10 Steps to Financial Audit Success

Financial Reporting

10 Steps to Financial Audit Success

Whether your financial audit is a seamless process or a tiring uphill slog is largely up to you.

By Rahul Sheth | December 12, 2016