Audit News from Accounting Today

With the latest AICPA quality management standard, SQMS 1, firms will have to take a more holistic approach to quality.

New AI-powered features for client collaboration and audit engagements are available in CCH Axcess.

The Institute of Internal Auditors has set up a Global Audit Committee Center in Washington, D.C., to provide a global hub for strengthening audit committees.

The adoption of artificial intelligence technology in audit functions is on the rise, increasing from 8% to 21% in only one year, according to a new report.

The Public Company Accounting Oversight Board found that 29% of companies with major restatements reported an auditor change in the year preceding the restatement.

The Public Company Accounting Oversight Board sanctioned Daniel Carpio Diaz, a former EY Peru audit partner, for violating multiple rules and standards.

Employee benefit planners need to be thinking about the OBBBA and other Trump administration initiatives.

The Public Company Accounting Oversight Board released staff guidance to help auditors implement Paragraph .10A of AS 1105, "Audit Evidence."

Over 90% of SPACs were audited by firms outside of the six largest firms, according to the PCAOB.

CAT expenses are forecasted to drop an additional $20 million given the SEC's order and other cost-saving measures.

The Public Company Accounting Oversight Board co-hosted a two-day conference highlighting the work of academic researchers.