Despite a very uncertain economic climate, investors can at least feel confident that audited financial reports are more ...

1. Improved Audit Quality: By involving two or more audit firms, joint audits leverage the diverse expertise and perspectives of different auditors. This collaborative approach can lead to a more ...

The statement offers new definitions of “other practitioner” and completes the suite of standards that firms performing A&A ...

The AICPA resource features new guidance and terminology for financial statement preparers and auditors. The December webcast also included updates on the AICPA Accounting Standards Review Committee’s ...

MFDS conducted the three-day audit in November, 2024, rigorously assessing six major systems including quality management, material management, production management, equipment and facilities ...

Given their role in the statutory audit of companies and thus on the accuracy of financial reporting, the National Financial ...

Nine affiliates of KPMG agreed to pay a total of nearly $3.4 million for alleged violations of audit and quality control ...

New research led by a researcher at the University of Toronto’s Rotman School of Management shows that the quality of ...