Auditing January 7, 2025
The blockbuster fine of 2024 was the $25 million penalty the PCAOB gave KPMG in the Netherlands last April for systemic internal exam cheating over a five-year period. It's the largest fine the PCAOB has ever doled out.
December 26, 2024
December 18, 2024
December 6, 2024
March 6, 2018
The AICPA Auditing Standards Board (ASB) has released auditing interpretation No. 4, “Reporting on Audits Conducted in Accordance With Auditing Standards Generally Accepted in the U.S. and the Standards of the PCAOB,” to AU-C section 700, Forming an Opinion and Reporting on Financial Statements. It is designed to provide guidance on how an auditor complies...…
February 27, 2018
It is by applying their novel research methods to assess the U.S. and E.U. current rotation requirements that the professors discover the mandates’ serious shortcomings. Since their data extends from before Sarbanes-Oxley to well after its passage, ...
January 22, 2018
Companies Expand Wiley Content Offered Through AuditFile’s Cloud-based, All-in-One Audit Program and Automation Platform.
December 6, 2017
The Auditor’s Report: Considerations for Audit Committees explains changes to the auditor’s report and lists key questions on topics including auditor tenure, Critical Audit Matters (CAMs) and other new requirements. The new auditor’s reporting model ...
December 4, 2017
Ellison-Taylor sees three critical areas for the profession: responding to the changing cybersecurity landscape; preparing for the future of the profession; and continuing to grow and nurture the talent pipeline.
November 30, 2017
The AICPA Auditing Standards Board (ASB) has released three exposure drafts for comment that seek to enhance the relevance and usefulness of the auditor’s report.
November 1, 2017
The new, eight-hour federal tax update webinar series focuses half a day on the latest developments in individual taxation and half a day on the things tax professionals must know to complete partnership, S corp, and C corp returns for 2017.
October 12, 2017
The Center for Audit Quality (CAQ) has published two new member alerts to help public company auditing firms address potential risks during the upcoming 2017 audit cycle.
August 21, 2017
David Gosselin, CPA Age: 35Employer: dbbmckennonTitle: PartnerCity/State: Long Beach, CAWebsite: www.dbbmckennon.com Listen to this podcast David has pioneered Equity Crowdfunding for the CPA industry. After passage of the JOBS Act in 2012, David sought out to become the national CPA expert and thought-leader in equity crowdfunding for the newly created Regulation A+ and Regulation Crowdfunding mechanisms...…
July 31, 2017
A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
June 27, 2017
The accounting firm Thayer O’Neal Company, LLC of Houston, Texas has banded together with three other firms to form the basis of the Public Company CPAs Alliance (PCA). PCA is a nationwide network of CPA firms devoted to serving small and medium sized...
June 27, 2017
A SOC 2 attestation focuses on an organization’s controls in areas such as operations and compliance. It is performed in accordance with AT Section 101: Attest Engagements, and this report is generally best suited for financial services, health care ...