Audit Standards
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Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
PCAOB Doles Out $165,000 in Total Fines to Five Audit Firms
Four firms were caught up in an enforcement sweep, while the fifth firm was sanctioned for failing to timely file PCAOB Form 3.
Prager Metis to Pay $1.95 Million to Settle SEC Charges Over FTX Audits, Other Violations
The firm also agreed to settle auditor independence charges, as well as for aiding and abetting clients' violations of securities laws.
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.