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PCAOB Provides Three Resources For Auditors On the New Quality Control Rules

CPA Practice

Webinar : This webinar, led by expert staff in the PCAOB’s Office of the Chief Auditor, provides an overview of QC 1000 requirements and is designed to help auditors prepare for the standard’s implementation. In 2023, only 14 audit firms out of a total of more than 1,600 registered with the PCAOB met the 100-issuer-or-more threshold.

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For the Eighth Year in a Row, EY Is the Busiest Public Company Auditor

Going Concern

Keeping with a yearly tradition more reliable than the arrival of Santa in the early hours of December 24, Ideagen Audit Analytics has released their annual market share analysis of auditor engagements for public companies. They fell from sixth to ninth between 2022 and 2023 and dropped to tenth for 2024.

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Embracing change: Auditors’ views on generative AI

ThomsonReuters

Jump to: Adaptation to technology Perception of applicability AI’s impact on audit jobs and billing AI policy and regulation for audit firms Future of work Proactive steps for auditors Adaptation to technology The audit industry is at a crossroads with GenAI. Similarly, in corporate sectors, this belief rose from 53% to 60%.

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The Ten Most Read Stories of 2023

Going Concern

The barely anticipated year-end phoning in of content look back on what news was important to Going Concern readers and Google visitors in 2023. With Project Everest on Pause, Let’s Pause a Sec to Shed a Tear For EY’s Reputation As Transaction Advisors published March 16, 2023 #9. It’s here! Happy New Year, everyone!

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5 Good Practices For Auditor Independence, According to the PCAOB

CPA Practice

During its inspections of public accounting firms’ audits of issuers from 2021 to 2023, the Public Company Accounting Oversight Board (PCAOB) saw a year-over-year increase in the number of comment forms related to auditor independence problems, the audit regulator said in a staff report released on Sept.

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PCAOB Provides Three Resources For Auditors On the New Quality Control Rules

CPA Practice

Webinar : This webinar, led by expert staff in the PCAOB’s Office of the Chief Auditor, provides an overview of QC 1000 requirements and is designed to help auditors prepare for the standard’s implementation. In 2023, only 14 audit firms out of a total of more than 1,600 registered with the PCAOB met the 100-issuer-or-more threshold.

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2023 Plan Year Filing Reminders for Employee Benefit Plans

Withum

Here are key insights and reminders to help you navigate the complexities of employee benefit plan compliance for the 2023 filing year. Available for distributions made after December 31, 2023 Terminal illness-related distribution Allows for penalty-free withdrawals from retirement plans for individuals diagnosed with terminal illness.

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