Audit Standards
Latest News
Avalara Unveils Intelligent Tax Content Solution for Lodging and Hospitality
Survey: Over Half of Accounting Firms Plan to Increase Fees in 2025
Andersen Advances Global Valuation Practice in 10 Asia Pacific Countries
81% of Business Owners Have Some Optimism for 2025 Economic Outlook
PCAOB: 5 Good Practices For Auditor Independence
Instances of auditor independence noncompliance at firms "increased significantly" during the PCAOB's 2023 audit inspection cycle.
SEC Green-Lights New PCAOB Quality Control Standard
Nearly three weeks after approving a batch of new PCAOB standards, the SEC Sept. 9 OK'd another new rule, this time on quality control.
Workiva Adds New Global Internal Audit Standards to Audit Management Platform
Released by the Institute of Internal Auditors (The IIA), the Global Internal Audit Standards are designed to equip internal audit professionals to respond to emerging business challenges and engage with board members and executives as strategic partners for their organizations.
Canadian Audit Firm Fined $60,000 By the PCAOB for Quality Control Failures
Vancouver-based De Visser Gray was sanctioned for failing to comply with U.S. quality control standards from April 2019 to January 2024.
PCAOB Busts Two Audit Firms for Not Complying With Reporting Rules
KKM CPA Associates in New York and the BDO affiliate firm in the United Arab Emirates were fined $25,000 and $20,000, respectively.
PCAOB Adopts New Rules for Auditors on Technology-Aided Analysis
The revised rules provide detail and clarity for auditors when performing procedures using technology-assisted analysis.
PCAOB Looks to Clarify Auditing Rules on Substantive Analytical Procedures
The proposal issued by the board June 12 would replace an interim standard that hasn't changed significantly since 1989.
PCAOB OKs Tougher Rules on Auditor Negligence
Individuals face possible sanctions when they negligently, directly, and substantially cause their firm to break PCAOB rules.