By Tammy Whitehouse2015-06-30T15:45:00
Audit regulators are trying again to propose a rule that would give investors more information about who is working behind the curtain when an audit firm files its final report on a company’s financial statements.
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2016-04-12T12:45:00Z By Tammy Whitehouse
Image: Audit supervision in general and auditing firm staffing levels and management structure in particular are under scrutiny as an old question surfaces: How can audit firms improve the quality of their own systems? “There is this inference that we keep finding engagements where we think the auditing standards aren’t ...
2015-10-14T15:30:00Z By Tammy Whitehouse
As public companies and their external auditors gear up for the year-end audit cycle, it will likely include some familiar, yet still uncomfortable, conversations. Be ready for close looks at internal control over financial reporting, accounting estimates, and related-party transactions. “You can rest assured auditors are going to be really ...
2026-01-22T17:36:00Z By Diana Mugambi CW guest columnist
For more than two decades, assurance and compliance frameworks have rested on a simple assumption: Material decisions are made by people. Post‑Sarbanes-Oxley Act (SOX) assurance reset worked because it aligned accountability with human behavior. That assumption shapes how internal controls are designed, how accountability is assigned, and how assurance is ...
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