As of late December, the Public Company Accoun- ting Oversight Board had published on its Web site the results of some 173 inspections of audit firms.The purpose of this article is to attempt to ...

The Public Company Accounting Oversight Board has issued a release to provide information to audit committees about its inspection process and how they might use the inspection reports to question ...

NFRAs inspection found gaps in audit documentation, revenue testing, and risk assessment practices, stressing the need for ...

Enhancements in audit quality and audit firms’ quality-control procedures have the PCAOB considering changes in the focus of its inspection program. Potential changes that the PCAOB is exploring for ...

The regulator found that the audit firm lacked an effective monitoring mechanism to ensure firmwide independence policies ...

In an effort to help audit committees make informed decisions, the PCAOB on Wednesday released a 26-page report describing how its inspections of audit firms work and how to gather information from ...

NFRA flags shortcomings in audit quality inspections of seven CA firms, citing gaps in independence, HR policies, ...

A watchdog agency for the accounting industry says it’s found numerous flaws in how some firms audited securities brokerages. The five-month inspection by the Public Company Accounting Oversight Board ...

On March 14, 2019, the Public Company Accounting Oversight Board issued its 2019 Staff Inspections Outlook for Audit Committees (the “Committee Outlook”), which offers a concise outline of what audit ...