The three auditors agreed to suspensions for violating auditor integrity rules by improperly sharing answers to internal training tests.
Companies don't look good for penalizing honest auditors, while other auditors don't look good for rendering slanted opinions.
Whether internal or external, audits rarely detect insider fraud. Here’s why.
The longer the tenure of a company's Big Four auditor, the greater the fee — even though the effort required of the auditor lessens over time.
As the prime audit season approaches, big changes in business, the economy, technology, and regulations point to an assortment of red flags for auditors.
The more a Big Four firm pays its auditors, the fewer restatements its clients have, finds a new study.
While regulators frown on a company's auditor handling its taxes, new research suggests that such concern is unwarranted.
Caught between the need to serve clients and the requirement to be skeptical of them, auditors may stint on audit quality.
The PCAOB will take a second crack at a proposal to require an auditor to reveal the thinking behind troublesome audit opinions.
Stephen Chipman, the CEO of Grant Thornton, talks about the firm's attempt to stick to its knitting and the nation's quest for a more rational financial reporting system and tax code.
