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Audit Standards

The IIA Enhances CIA Challenge Exam Program, Expanding Access Through New Pathway Pilot

Auditing April 1, 2026 

The IIA Enhances CIA Challenge Exam Program, Expanding Access Through New Pathway Pilot

The Certified Internal Auditor (CIA) is the only globally recognized certification for internal auditors.

Featured Articles

February 27, 2026  

AICPA Seeks Public Comment on Proposed Updates to Attestation Standards

January 14, 2026  

PCAOB Punishes Zwick CPA, Firm’s Owner, and a Manager for Audit Gone Awry

December 19, 2025  

CPA Barred, Audit Firm Fined by PCAOB for Quality Control Issues

December 19, 2025  

PCAOB Fines Florida Audit Firm $35,000 Over Tardy Form AP Filings

December 19, 2025  

PCAOB Censures and Fines Texas Firm for Audit Failures
The IIA Enhances CIA Challenge Exam Program, Expanding Access Through New Pathway Pilot

Auditing April 1, 2026 

The IIA Enhances CIA Challenge Exam Program, Expanding Access Through New Pathway Pilot

The Certified Internal Auditor (CIA) is the only globally recognized certification for internal auditors.

AICPA Seeks Public Comment on Proposed Updates to Attestation Standards

Auditing February 27, 2026 

AICPA Seeks Public Comment on Proposed Updates to Attestation Standards

The proposed changes reflect the ongoing evolution in attestation services, in which practitioners are increasingly asked to provide services beyond audits of the financial statements, the AICPA said.

Jason Bramwell

PCAOB Punishes Zwick CPA, Firm’s Owner, and a Manager for Audit Gone Awry

Auditing January 14, 2026 

PCAOB Punishes Zwick CPA, Firm’s Owner, and a Manager for Audit Gone Awry

The PCAOB announced sanctions on Jan. 13 against Southfield, MI-based accounting firm Zwick CPA, the firm's owner Jack Zwick, and former audit manager Jeffrey Hoskow for an audit gone wrong.

Jason Bramwell

CPA Barred, Audit Firm Fined by PCAOB for Quality Control Issues

Auditing December 19, 2025 

CPA Barred, Audit Firm Fined by PCAOB for Quality Control Issues

Jennifer Crofoot, a former audit partner at Fruci & Associates II, was barred for three years and the firm was docked $50,000 for failing to follow U.S. auditing rules and standards in connection with the audits of four public companies.

Jason Bramwell

PCAOB Fines Florida Audit Firm $35,000 Over Tardy Form AP Filings

Auditing December 19, 2025 

PCAOB Fines Florida Audit Firm $35,000 Over Tardy Form AP Filings

West Palm Beach, FL-based accounting firm Beckles & Co. agreed to a censure and fine for repeatedly failing to make required disclosures about who worked on audits.

Jason Bramwell

PCAOB Censures and Fines Texas Firm for Audit Failures

Auditing December 19, 2025 

PCAOB Censures and Fines Texas Firm for Audit Failures

Sugar Land, TX-based accounting firm TPS Thayer was sanctioned on Dec. 4 for violations that include failing to supervise an unregistered China-based firm.

Jason Bramwell

Audit Firms Aren’t Feeling the Heat From PCAOB, SEC Enforcers

Auditing November 3, 2025 

Audit Firms Aren’t Feeling the Heat From PCAOB, SEC Enforcers

Since Paul Atkins was sworn in as chair of the SEC in April and Erica Williams resigned as PCAOB chair in July, enforcement actions against audit firms have dropped considerably, according to a new report.

Jason Bramwell

PCAOB Fines Marcum Asia $100,000 for Not Communicating Properly with Successor Audit Firm

Auditing September 24, 2025 

PCAOB Fines Marcum Asia $100,000 for Not Communicating Properly with Successor Audit Firm

New York City-based Marcum Asia CPAs LLP settled charges with the Public Company Accounting Oversight Board on Sept. 23 over charges that it broke U.S. audit rules on communicating with a successor auditor.

Jason Bramwell

PCAOB Shines Light on Broker-Dealer Auditors in Latest Publication

Auditing September 11, 2025 

PCAOB Shines Light on Broker-Dealer Auditors in Latest Publication

The Public Company Accounting Oversight Board has released a new staff publication for auditors of broker-dealers containing advice on exemption report reviews.

Jason Bramwell

What Lease Accounting Teams Should Know About Critical Audit Matters

Accounting September 3, 2025 

What Lease Accounting Teams Should Know About Critical Audit Matters

Because auditors are documenting CAMs related to lease accounting, lease accounting teams should understand what makes them so important.

PCAOB Postpones Effective Date of New Quality Control Standard by One Year

Auditing August 28, 2025 

PCAOB Postpones Effective Date of New Quality Control Standard by One Year

The Public Company Accounting Oversight Board said the effective date for its new quality control standard—QC 1000, A Firm's System of Quality Control—which was slated for Dec. 15 of this year, will be pushed back until Dec. 15, 2026.

Jason Bramwell

PCAOB Revokes Hong Kong Accounting Firm’s Registration, Bars Managing Partner

Auditing July 23, 2025 

PCAOB Revokes Hong Kong Accounting Firm’s Registration, Bars Managing Partner

Centurion ZD CPA & Co. and its owner Chan Kam Fuk were sanctioned for violating U.S. auditing and quality control rules and standards related to audits of companies based in China, including Chinese coffee chain Luckin Coffee Inc.

Jason Bramwell

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