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Internal audit shops are buzzing over data analytics, with more audit leaders planning to adopt or expand their use across the scope of their audit work.
Restatements in 2016 experienced a drop of 11 percent one year after dropping 12 percent and following a stubborn leveling off from 2008 to 2014, showing another year of incremental improvement in financial reporting.
Audit committees have an updated tool available for use to help them assess their external auditors, courtesy of a collaborative group of advocates for audit quality.
The latest crop of internal audit studies reveal some promising insights into the trajectory of the profession and strategies to undertake on the path forward.
From education to composition, the SEC's top accountant recently gave audit committees a primer on everything it takes to be effective in the job these days.
The inspection information leak that led to dismissals at KPMG and the PCAOB raises big questions about how to assure fair and transparent inspection results for all Big 4 firms.
Investor interest is growing in getting expanded information out of companies about their environmental, social, and governance issues, based on a recent global study.
Heads are rolling at both KPMG and the PCAOB over an information leak that gave KPMG auditors a leg up heading into its annual regulatory inspections.
Audit quality is an even bigger concern outside the United States, where inspectors spot deficiencies at major network firms in 42 percent of the audits they check.
Companies sponsoring defined benefit pension plans have seen their PBGC premiums skyrocket in recent years — in some cases needlessly.
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