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

The inspection report highlights deficiencies in audit documentation, independence monitoring and compliance with auditing standards. It stresses the need for stronger quality control systems and ...

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

The regulator pointed to gaps in auditor independence, internal controls and the examination of related-party transactions.

The Public Company Accounting Oversight Board released a document Wednesday offering information about the main areas its inspectors are looking at during its visits to auditing firms this year. The ...

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 ...

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 ...

Canadian Public Accountability Board publishes inspection reports for individual accounting firms for first time ...

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 ...

As part of its transparency and outreach initiative to its stakeholders, the Public Company Accounting Oversight Board (“PCAOB” or “Board”) continues to issue staff briefs to better inform the public ...

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 ...