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 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 ...

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 ...

“We’ve seen the large firms dedicate significant resources toward remediating deficiencies and improving quality control systems,” said PCAOB board member Jeanette Franzel during a speech Thursday at ...

The Public Company Accounting Oversight Board (PCAOB) has announced a settled disciplinary order sanctioning L&L CPAs, PA, its president, Weixuan Tracy Luo, engagement partner Andy Chow, and ...

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 inspectors at Boeing, angry at management’s plan to streamline and automate some quality-control processes with fewer inspectors overseeing the work of mechanics, point to a recent ...

SEATTLE — Quality inspectors at Boeing, angry at management’s plan to streamline and automate some quality-control processes with fewer inspectors overseeing the work of mechanics, point to a recent ...