Just as Sarbanes-Oxley compliance reshaped corporate governance for public companies, QC 1000 is designed to ensure that ...

Public accounting firms love to land new audit clients and keep their current audit clients happy. After all, acquiring new business and retaining it is the key to growth. But revenue growth can cause ...

The Public Company Accounting Oversight Board has been requiring auditing firms to conduct engagement quality reviews ever since 2009 as a way to improve audit quality, but the number of auditing ...

Quality auditing is the examination of an organization's quality control systems. The independent auditor examines how well a company ensures the quality of its products and services, and makes a ...

The PCAOB’s inspections of audit firms in 2020 will continue to focus on areas that have been challenging for firms in recent years, George Botic, CPA, the PCAOB’s director of Registration and ...

To help small and midsized accounting firms cope better with implementing international auditing standards, the International Federation of Accountants has published a “Guide to Quality Control for ...

Question: What is the time frame requirement with regard to post-closing quality control (QC) audits? In short, when must they be completed? Answer: HUD and VA require that FHA and VA loans be ...

Changes in technology and the structure of audit firms have prompted a U.S. regulator to consider tweaking rules governing the controls audit firms use to determine the quality of their audits. The ...

The value of strong questionnaire design, complemented by the task of high-quality sample development, is not fully appreciated. Too often researchers relegate those two essential building blocks of ...