In an audit quality report released last week [PDF], the once flawless PwC admits its […]
Category: Audit
AI Probably Won’t Be Taking Over All the Inventory Counts Any Time Soon
In the working paper “Beyond AI Exposure: Which Tasks are Cost-Effective to Automate with Computer […]
SEC Sues Marcum Partner Who Thinks Reviewing the Engagement Team’s Work Is For Chumps
The ghost of SPAC past continues to haunt Marcum, this time it’s administrative and cease-and-desist […]
Grant Thornton Gets Downgraded to a Tier 2 Firm, That’s Probably a Good Thing
In September we were tipped to a developing situation at US mid-tier audit firms in […]
There Are Only Two Firms in Wyoming That Can Do Government Audits and One Can’t Do Its Job Because of Staff Shortages
Hey remember the Bloomberg story last March about how staff shortages at audit firms were […]
The PCAOB Will Be Further Up Auditors’ Asses in 2024
Although hiring a former PCAOB staffer and using their insider knowledge to improve your inspection […]
PwC Is the Winner of the 2022 Auditor Rankings, European Edition
Ideagen Audit Analytics released a nifty new report on the European audit market — the […]
Cheaters at PwC Canada Thought Sharing Answers With Each Other Was “Collaborative Culture”
Last week, CPA Ontario announced a settled disciplinary matter with PwC Canada, the matter being […]
The PCAOB Sucks, the PCAOB Is Doing Great
The PCAOB recently approved a $384.7 million budget for 2024, an 11 percent increase over […]
The PCAOB Is Stoked Congress Gave Them Permission to Pick On China Now
Oh look, the PCAOB snagged more big fish: $7.9 million in total fines against three […]
The PCAOB Is Getting a Bigger Raise Than You
Hey the news is slow, let’s look at the PCAOB’s fiscal 2024 budget that the […]
Survey Says: Audit Fees Were Up Almost Five Percent in 2022, In-Person Audit Work Is Back
The Financial Education & Research Foundation (FERF) has released the findings of its 14th Annual […]