Auditing
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Starting in 2025, the IRS Will Accept Duplicate Dependent Returns With an IP PIN
House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections
Retailers Tell Senate Credit Card ‘Swipe’ Fees are ‘Adding Inflationary Pressure to the U.S. Economy’
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PCAOB Wallops KPMG Netherlands With Record $25M Fine For Exam Cheating
Rampant cheating on internal training exams occurred from 2017 to 2022 and the firm lied about its knowledge of it, the PCAOB said.
Accounting Firm For Trump Media Has Audit Deficiency History
PCAOB found multiple deficiencies in every audit it reviewed from audit firm BF Borders over the past two annual checks.
PwC Hit With $2.75 Million Fine By PCAOB For Running Afoul of Independence Rules
The order also requires a review of PwC's independence-related quality-control policies and procedures, and extra training.
KPMG U.S. CEO to Chair Center for Audit Quality’s Governing Board
Paul Knopp was elected to the role on April 1, succeeding Tim Ryan, senior partner of PwC in the U.S., as CAQ Governing Board chair.
U.S. Agency Calls for Audits of AI Systems to Hold Companies Accountable
The National Telecommunications and Information Administration said March 27 it wants improved transparency into AI systems.
Cast Your Vote for 2024 Readers’ Choice Awards!
The CPA Practice Advisor Readers’ Choice Awards give readers the opportunity to spotlight the technologies they most rely on and trust to manage their firms.
2024 GAAP Taxonomy Approved By SEC
The SEC has accepted the taxonomies on GAAP financial reporting and SEC reporting, the FASB said on March 19.
KPMG China’s Mishaps Result in Three Audit Partners Being Fined By the PCAOB
The three KPMG Huazhen partners were docked a total of $150,000 for turning a blind eye to U.S. auditing standards.