PCAOB

To help public company auditing firms address risks in a proactive and accelerated manner, the Center for Audit Quality (CAQ) has published a member alert, “Select Auditing Considerations for the 2014 Audit Cycle.”

The Center for Audit Quality (CAQ) has issued a request for proposals (RFP) to fund independent academic research on auditing-related topics.

The alert outlines rules applicable to financial statement audit and attestation engagements undertaken for non-issuers.

Audits are not the realm of only the Big 4 and other very large practices. Many small and mid-sized firms also offer A&A services to their clients. But audits can certainly be complex and labor intensive, not to mention the considerable regulatory obligations that accompany them. With the right tools and services, such as those in this section, even small firms and sole practitioners have found audit services to be a valuable and highly sought after offering.

Dolinar, 55, is managing partner of the Assurance Professional Practice, national office of Crowe Horwath LLP, Chicago, Ill. As chairman, he will head one of the Institute’s most important volunteer bodies. It serves as the AICPA’s official voice on financial reporting matters and develops industry-specific accounting guidance. The committee’s membership includes representation from business and industry, public practice and academia.

Alleged violations involved ignoring or failing to properly address signs of improperly recognized revenue in significant unusual transactions.

Thomson Reuters has released a special report, Cause and Effect of the Changing Broker-Dealer Audit Landscape, which provides an overview of the PCAOB's new standards affecting broker-dealer audits.

Improved audit quality is a goal being pursued by the Public Company Accounting Oversight Board (PCAOB), and a non-partisan audit advocacy group is supporting its recent efforts.