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Auditing

Crowe Horwath takes first place in Public Accounting Reports SEC audit rankings

03/17/2010 - 01:34 - 476 reads

Public Accounting Report named Crowe Horwath LLP, one of the largest public accounting and consulting firms in the U.S., the winner of its annual analysis of auditor changes for SEC entities.

Auditing Standard No. 7: PCAOB strengthens requirements for engagement quality review

02/04/2010 - 02:05 - 1710 reads

Accounting firms performing audits and interim reviews of financial information for public companies should plan to commit more resources, including partner time, to engagement quality reviews for fiscal years beginning on or after December 15, 2009.

FEI files amicus curiae brief with Supreme Court in support of petition for review of Textron case

01/27/2010 - 12:24 - 1404 reads

Financial Executives International (FEI) has filed an amicus curiae "friend of the court" brief with the Supreme Court of the United States in support of a petition for review of the U.S. vs. Textron case.

KPMG: Ten to-do's for audit committees in 2010

01/08/2010 - 14:32 - 2153 reads

To help audit committees focus their agendas on key challenges in the year ahead, KPMG's Audit Committee Institute again offers its annual "memo" to directors, highlighting issues that should be top of mind.

SAS 99 — 17 ways to protect yourself from malpractice

10/30/2009 - 11:42 - 2855 reads - 3 comments

Congress mandated as Sarbanes-Oxley (SoX) for public companies and their auditors. Think of SAS 99 as SoX for everyone else.

Very few companies are ready to handle government or regulatory investigations

03/17/2009 - 12:05 - 961 reads

Even though 24.3 percent feel the risk of a government investigation is higher today than a year ago, only one-fifth (20.8 percent) of executives say ...

Are clean opinions materially misstated?

01/29/2009 - 22:09 - 1457 reads

WARNING: Reading this article will be painful By Gary Zeune, CPAHave you ever asked yourself, "Why do we even do audits?" Most CPAs will say, "Because...

PCAOB says post-Sarbanes-Oxley audits still deficient

12/09/2008 - 01:24 - 1725 reads

The Public Company Accounting Oversight Board has released a report summarizing the inspection findings of the eight domestic accounting firms that we...

Center for Audit Quality responds to issues regarding Section 404 compliance

12/01/2008 - 13:32 - 1042 reads

As a result of the current market conditions, Center for Audit Quality (CAQ) member firms have raised questions regarding Section 404 compliance when ...

PCAOB proposes seven new risk assessment auditing standards

10/23/2008 - 10:38 - 3382 reads

The Public Company Accounting Oversight Board voted this week to propose for public comment a suite of seven new auditing standards related to the aud...

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