Audit News from Accounting Today

Under the new administration, accountants can expect a lighter hand from the Public Company Accounting Oversight Board and other regulators.

The board has posted a series of "knowledge checks" to help auditors gauge their understanding of its new quality control standard.

The PCAOB sanctioned Gabriel Jaime López Díez, a former Deloitte Colombia partner, for issuing an audit report before completing all necessary audit procedures.

Cybersecurity ranks among the top priorities for audit committees, enterprise risk management, and finance and internal audit talent, says a new survey.

The Public Company Accounting Oversight Board has withdrawn the two standards it approved on firm and engagement metrics and firm reporting.

The Public Company Accounting Oversight Board sanctioned audit partner Heber Maughan for altering workpapers in two inspections and an investigation.

The regime is 'novel, widespread, misunderstood and controversial,' according to one expert.

The latest data on the most common e-filing rejections, how accounting firms are recruiting and retaining top talent, and other major metrics.

New AICPA chief Mark Koziel said the association is preparing for the possibility of the PCAOB being "rolled up" into the SEC.

For auditors and quality management, there's a big difference between a 'document' and a 'system.'

The Institute of Internal Auditors released the first in a series of topical requirements planned for this year, starting with cybersecurity.

The Public Company Accounting Oversight Board cautioned about relying on the work of specialists who help with fair value measurements and accounting estimates.

The Public Company Accounting Oversight Board launched an online resource page with content tailored for smaller firms.

The International Auditing and Assurance Standards Board and the International Ethics Standards Board for Accountants launched their sustainability standards.

The small Tampa auditor picked up a big tranche of engagements from another auditor that exited the field.

The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that had been criticized by the industry and even by some of its own commissioners.