Nobody likes a surprise letter from the IRS. But for financial advisors with clients who get audited, the unpleasantness presents an opportunity. Processing Content By getting up to speed on how the ...

Wolters Kluwer announced the release of new AI-powered features for client collaboration and audit engagements for its CCH Axcess suite of solutions at the CCH Connections User Conference in ...

Tone at the top and appropriate deployment of personnel are among the most important indicators of a quality audit, according to a survey of CPA firms performed by the AICPA. The Practice Monitoring ...

The U.S. firm of PricewaterhouseCoopers plans to stop offering some types of consulting services to its SEC-registered audit clients to provide greater independence, and will cut the compensation of ...

Auditors are expected to comply with the requirements in AU-C Section 240, Consideration of Fraud in a Financial Statement Audit, in conducting financial statement audits. As academics who perform ...

Ernst & Young (EY) is cutting ties with a significant number of U.S. public companies as audit clients in an effort to revamp its audit practice and improve the quality of its work. Between January 1, ...

Just as Sarbanes-Oxley compliance reshaped corporate governance for public companies, QC 1000 is designed to ensure that ...