By Tammy Whitehouse2015-11-10T14:30:00
The PCAOB’s 2014 inspection report for KPMG found fault with 28 of 52 audits selected for inspection, marking the first time errors have been found in more than half of the audits selected at a Big 4 firm. KPMG’s rate has crept upward every year since 2009 when the PCAOB ...
2018-02-06T11:30:00Z By Tammy Whitehouse
Charges of fraud and conspiracy have rocked the audit profession and raised concerns about the regulatory process, leaving audit committees with more questions to ask auditors.
2018-01-30T09:15:00Z By Tammy Whitehouse
With PCAOB inspection results hitting a plateau, how can auditors be held accountable for better audit quality? Amid allegations of fraud and conspiracy, is culture a factor?
2025-10-15T19:16:00Z By Ruth Prickett
Auditors are supposed to keep businesses honest, but how much regulation is the optimum for the auditors – and how onerous and punitive should the enforcement regime be? A new consultation by the U.K. regulator, the Financial Reporting Council, opened on Oct. 1 and has put the vexed question of ...
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