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Clear filters
GAO Report Notes IRS Lag in Addressing Tax Gap
Auditing
A new Government Accountability Office (GAO) report has faulted the IRS for not implementing certain recommendations for…
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Some Auditors May Reexamine Their Crypto Clients in Wake of FTX Collapse
Auditing
Some auditing firms are reevaluating their work in the wake of the spectacular collapse of FTX, and those reevaluations will…
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PCAOB Proposes New Quality Control Rules for Auditors
Auditing
The Public Companies Accounting Oversight Board (PCAOB) has issued a proposal to update its rules governing auditing…
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CAQ Survey: Audit Partners Say Cost Management and Talent Retention Are Top Priorities
Auditing
More than half of all audit partners polled by the Center for Audit Quality (CAQ) in its semi-annual Audit Partner Pulse…
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Deloitte-China to Pay $20 Million Penalty for Allowing Self-Audits
Auditing
The Chinese affiliate of Deloitte, known as Deloitte-China, has reached a $20 million settlement with the Securities and…
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PCAOB Report: 'Unacceptably High' Deficiency Rates in Broker-Dealer Audits
Auditing
A report by the Public Company Accounting Oversight Board (PCAOB) found an “unacceptably high” audit/attestation…
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PCAOB’s Five-Year Strategic Plan Proposal Sets Out Four Goals
Auditing
The Public Company Accounting Oversight Board (PCAOB) released a proposed five-year strategic plan on Tuesday, centered…
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Five Chinese State-Owned Businesses Plan to Delist from U.S. Exchanges in Dispute over PCAOB Inspections
Auditing
Five of the largest state-owned businesses in China announced on Friday that they will delist from U.S. stock exchanges…
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PCAOB Issues Annual Report, Documenting Year in Transition
Auditing
The Public Company Accounting Oversight Board (PCAOB) has issued its 2021 annual report, documenting its inspection…
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