PYMNTS

JANUARY 2, 2020

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances.

auditor 52

auditor accounting and finance audit Finance 52

PYMNTS

MAY 28, 2019

financial watchdogs have stepped up their oversight of the accounting and auditing industry amid a string of corporate accounting scandals, collapses and questions over the dominance of the Big Four auditing firms. The FRC has already increased the number of audit quality reviews from 126 in 2014 to 160 in fiscal year 2018.

auditor 40

auditor audit Construction corporate accounting 40

Going Concern

MARCH 22, 2024

What Role Should Auditors Play in Corporate Compliance? ProMarket ] The Public Company Accounting Oversight Board has proposed an amendment to its auditing standards that requires auditors to assume a larger role in corporate compliance.

Minnesota 82

Minnesota cpas audit CPA 82

PYMNTS

NOVEMBER 13, 2018

.’s auditing industry has faced criticism in recent months, particularly following the collapse of construction giant Carillion in the beginning of the year. The CMA has reportedly received calls from members of parliament to require Big Four auditors to separate their auditing and advisory services, Reuters said.

audit 49

audit cma auditor Construction 49

PYMNTS

MAY 17, 2018

Since the collapse of Carillion , once the nation’s second-largest construction company and a massive government supplier, fingers have been pointed in all directions. The report is urging “radical reforms to our creaking system of corporate accountability” to avoid a repeat – but calls for action are not new.

audit 40

audit accounting and finance Government corporate accounting 40

ThomsonReuters

APRIL 18, 2023

These standards revised the way the audit report is presented, called for enhanced communications between auditors and managers charged with governance, and prescribed additional audit procedures for related party transactions. Furthermore, professionals must adhere to new auditing standards SAS 134-140.

Account 52

Account accountant accounted Technology 52