The Public Company Accounting Oversight Board has issued a release to provide information to audit committees about its inspection process and how they might use the inspection reports to question ...

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 ...

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 ...

The National Financial Reporting Authority (NFRA) on Friday flagged certain shortcomings in inspection reports related to auditing works of six audit firms and their affiliates. The inspection reports ...

Updating your audits and inspections program ensures inspection preparedness, says Siegfried Schmitt, vice president, Technical at Parexel. Q: We are revising our audits and inspections programs and ...

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

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 ...