Some important themes are emerging in auditors’ reporting of critical audit matters, which are the key component of the biggest change to public company auditor reporting in 70 years. Goodwill and ...

Preparation of an audit report can be intimidating for most companies. But it doesn't have to be. When preparing for an audit report it's important to understand audit report format, spend time ...

An auditor's opinion on the financial statements is expressed in the form of an auditor's report. In the best case, the auditor finds that the financial statements are in accordance with generally ...

While there is some correlation between critical audit matters and critical accounting estimates included in management’s discussion and analysis, it is certainly not a one-to-one relationship, SEC ...

The regulator has said it intends to place greater weight on oversight of firms’ internal quality and control systems.

BDO USA released its 2023 Audit Quality Report Tuesday as it added a second independent member to its Audit Quality Advisory Council. In the report, the Chicago-based firm described how it's been ...

SALT LAKE CITY, UTAH / ACCESS Newswire / February 19, 2025 / Suralink, the leading client collaboration platform for professional services firms, today released its first-ever State of Audit ...

Accounting firms are trying to block new rules that would disclose how many hours are being worked by auditors of U.S. public companies, and how much training and experience they have, the Financial ...

An audit commissioned by Swadley’s Foggy Bottom Kitchen found the Oklahoma Tourism and Recreation Department owes the company nearly $6 million following its contract to renovate and operate state ...

The Public Company Accounting Oversight Board (PCAOB) has announced settled disciplinary orders sanctioning four audit firms for violating PCAOB rules and standards related to communications that ...