Studies of former partners of audit firms that have assumed management positions at audit clients have raised concerns, at least pre-SOX, about potentially lower audit quality, perhaps reflecting ...

More than two-thirds (70%) of U.S. audit clients are ready to change firms within the next three years, according to a new report. Processing Content Inflo's "Creating a New Audit Experience for U.S.

The Sarbanes-Oxley Act of 2002 (SOX) mandates that audit committees be directly responsible for the oversight of the engagement of the company's independent auditor, and the Securities and Exchange ...

As turnover of auditors increases, an accounting firm’s ability to deliver timely, accurate and effective audits declines — and so does overall client service — according to new research from the ...

The small audit firm from Florida that topped the charts of new Securities and Exchange Commission clients in the third quarter of 2024 got a big boost from another firm ending its SEC practice.

As IRS budgets and audit staff continue to diminish, audit numbers are at an all-time low. But when you file your clients’ returns, the most common question persists: “How likely am I to be audited?” ...

Deloitte was the only Big Four audit firm to net positive in new public company clients in 2022, while Marcum saw the largest overall gains a year removed from losing 110 clients, according to the ...

Auditors’ assessments and responses to risks of financial statement misstatement and fraud are critical to audit quality. Risk assessments in the current environment are unlike any others, as clients ...

Annual Audit Plan – An annual audit plan is developed by the Director of Internal Audit based on a university-wide assessment of risk and where Internal Audit can make the greatest impact. Input from ...

PwC's US chair Paul Griggs confirmed on Sunday that the company is now fully offering crypto audit, consulting, and tax ...