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IAASB Releases Proposed Standard on Sustainability Assurance Engagements
Auditing
The International Auditing and Assurance Standards Board (IAASB) has released its proposed International Standard on…
Read More
PCAOB: Deficiency Rates in Audits of Broker-Dealers Remain High
Auditing
The Public Company Accounting Oversight Board (PCAOB) continued to observe “unacceptably high” deficiency rates in…
Read More
Big Four Agree: AI Will Not Replace Accountants
Accounting
The Big Four accounting firms are investing heavily in generative artificialintelligence (AI), but the technology will not…
Read More
GAO: IRS Can Use New Funding to Audit More Large Partnerships
Auditing
The IRS audits few large partnerships, and it can use the extra funding provided by the Inflation Reduction Act to…
Read More
PCAOB Staff Report Finds Continued Rise in Audit Deficiencies in 2022
Auditing
A staff report from the Public Company Accounting Oversight Board (PCAOB) states that its inspections of accounting firm…
Read More
PCAOB Releases 6 New Filters for Searching Inspection Reports
Accounting
The Public Company Accounting Oversight Board (PCAOB) has made enhancements to its website to allow for stakeholders to…
Read More
PCAOB Proposes New Rules for Technology Use by Auditors
Accounting
The Public Company Accounting Oversight Board (PCAOB) has proposed amendments to its current standards on the use of…
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PCAOB Spotlight Suggests Questions for Audit Committee Members to Consider
Auditing
The Public Company Accounting Oversight Board (PCAOB)’s June Spotlight on Audit Committee Resource raises questions for…
Read More
Study: IRS Audits of High Earners Yield More Than $12 in Revenue for Every $1 Spent
Auditing
IRS tax audits provide numerous positive benefits, a new academic paper found, Fast Company reported. The paper, A Welfare…
Read More
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