The future of audit

Accounting Today

Audit software ESG Audit

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SEC charges Friedman with improper professional conduct in audits

Accounting Today

Marcum LLP SEC enforcement Audit Audit preparation

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PCAOB plans to update some long overdue auditing standards

Accounting Today

RSM Audit standards Audit PCAOB

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EY considers splitting off audit firm

Accounting Today

Audit EY International accounting Audits

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Predicting What’s Next for Firms & Collaboration Tech

Employees leaving. Client demands increasing. That’s the reality for many firms. Put your firm in a position to win by looking at how collaboration and the tools we use have evolved and what the future holds. Avoid pitfalls and implement best practices to give your firm a competitive edge. Download the whitepaper today!

The new breed of audit

TaxConnex

Usually, you learn about an audit through a notice or letter from the state or jurisdiction in question with instructions on how the audit will proceed. Many audits are conducted remotely, and an auditor never visits your office. Virtual audit is a real threat.

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How not to tank your sales tax audit (part 2)

TaxConnex

The sales tax audit can be one of the scariest – and costliest -- things an online business ever goes through. If you do get hit with an audit, it’s critical to handle the process correctly. Last time we looked at mistakes companies make leading up to an audit (Check out part 1 here).

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Deloitte's China firm penalized $20M for letting clients audit themselves

Accounting Today

Deloitte China Audit SEC PCAOB

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Wilson: Remote audits will become the norm

Accounting Today

Audit Audit software Technology Audit preparation

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Perform internal corporate governance audits to better manage enterprise risks

Accounting Today

Risk management Corporate governance Audit Audit preparation

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SEC approves PCAOB standards on audits involving multiple firms

Accounting Today

Audit standards Audit Audit preparation SEC PCAOB

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Virtual Cards — Everything You Need to Know

Speaker: Eoin Hession, Controller at Recharge

Even though virtual cards have been part of the payments system for over ten years, there remains a lack of clarity around how they work and their value to companies large and small. In this webinar, Eoin Hession, Controller at Recharge, talks about how his company uses virtual cards in their operations. Sign up today!

PCAOB observed problems during audits of SPACs

Accounting Today

Audit PCAOB SEC

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How not to tank your sales tax audit (part 1)

TaxConnex

If you are a business that must collect and remit sales tax, an audit is probably one of your biggest fears. Rightly so: Sales tax audits can find fault with a variety of your operations and can cost you big– if the determination goes against you. Not expecting an audit.

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PCAOB sets new requirements for use of multiple audit firms

Accounting Today

Audit standards Audit Audit preparation PCAOB

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PCAOB seeing numerous problems in broker-dealer audits

Accounting Today

Broker dealers Audit PCAOB Audit preparation

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The Future of Audit? | Outsourcing Audit & Remote Auditing

Accounting Insight

An effective audit demands a skill set that is diverse and a dedication of significant time and resources. The main benefit of this process is that auditing can be performed remotely (with the right technical knowledge) and this offers firms significant savings in terms of both time and cost.

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PwC sees audit quality improving

Accounting Today

Diversity and equality Practice management PwC Audit PCAOB

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RSM to pay $3.75M penalty to SEC for improper audits

Accounting Today

RSM SEC enforcement Audit SEC PCAOB

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Top PCAOB audit watchdog issues fresh warning on China inspections

Accounting Today

International accounting China Audit PCAOB

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PCAOB plans tougher audit regulation on 20th anniversary of SOX

Accounting Today

Audit standards Audit Sarbanes-Oxley PCAOB SEC

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Demystifying the future of the audit

Accounting Today

ESG Audit Audit preparation

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Former BDO audit manager shot and killed ex-boss

Accounting Today

BDO Audit BDO USA

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CohnReznick charged with improper auditing conduct by SEC

Accounting Today

Audit SEC enforcement Audit preparation

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U.S.-China talks over delisting stocks hinge on redacted audits

Accounting Today

China Audit Audit preparation PCAOB SEC

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IRS audit rates plummet, especially for wealthy

Accounting Today

Tax audits GAO IRS Tax Tax evasion

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IIA sees demographics, priorities changing in internal audit

Accounting Today

Risk management International accounting Audit Audit preparation

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Why the audit is the key to M&A success

Accounting Today

Accounting firm services M&A Audit Audit preparation

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Malaysian firm takes top spot in Q1 for new SEC audit clients

Accounting Today

Audit SEC Audit preparation

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EY invests $1B in new audit technology

Accounting Today

EY Technology International accounting Audit

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How to Survive an IRS Audit

RogerRossmeisl

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined. Here’s how to survive an IRS audit. In fiscal year 2019, the IRS audited approximately 0.4%

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KPMG fined £14M over Carillion audit scandal

Accounting Today

Audit KPMG International accounting Audit preparation

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IRS Audit & Appeals Help – How the Inflation Reduction Act Affects

MyIRSRelief

In particular, the expansion of the IRS and it tax enforcement arm will result in more taxpayers seeking IRS audit & appeals help as it comes into effect starting next year. As you can see, more taxpayers will need IRS audit & appeals representation help with this expansion.

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IRS Audits May Be Increasing, So Be Prepared

RogerRossmeisl

The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as compared with prior years. But even though a small percentage of returns are being chosen for audit these days, that will be little consolation if yours is one of them.

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KPMG fined £3.4M by U.K. over Rolls-Royce audit

Accounting Today

Audit KPMG International accounting Audit preparation

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PwC fined £5M for shoddy audits at two construction firms

Accounting Today

Audit International accounting PwC Audit preparation

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IRS's extra enforcement funding brings audit worries

Accounting Today

Tax audits Tax credits IRS Tax

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The Talent Shortage Has Gotten So Bad Clients Are Now Doing Their Own Audit Documentation

Going Concern

auditing requirements because in numerous audits over numerous years Deloitte China asked clients to select their own samples for testing and to prepare their own audit documentation. auditing requirements in its component audits of U.S.

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Grant Thornton U.K. fined £1.32M for Sports Direct audits

Accounting Today

Grant Thornton International accounting Audit Audit preparation

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KPMG U.K. sanctioned over Carillion and Regenersis audits

Accounting Today

KPMG International accounting Audit

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PCAOB signs pact with China to allow audit inspections

Accounting Today

International accounting China Audit PCAOB SEC

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The Audit Profession’s Inability to Retain Talent Poses a Serious Threat to Audit Quality

Going Concern

Those employers with a history of mismanaging their human capital , like the largest audit firms, are being hit the hardest. To stem the exodus of audit professionals , a udit firms are paying higher salaries to attract and retain the same level of relatively inexperienced professionals.

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U.K. audit watchdog slams ‘unacceptable’ quality of Mazars and BDO’s work

Accounting Today

BDO KPMG International accounting Audit Audit preparation

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