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

The Public Company Accounting Oversight Board approved two new standards Monday on a firm's system of quality control and the general responsibilities of the auditor in conducting an audit, albeit ...

The International Auditing and Assurance Standards Board approved a new and revised set of quality management standards Wednesday for auditors to use around the world, starting at the end of 2022, and ...

Teams need a metric that tracks more than just calendar days. The close quality score is an effective way to do just that.

Globalization isn’t a fad. Accounting firms are increasingly serving clients that are transitioning operations to foreign markets. As a result, firms of all sizes are increasingly providing assurance ...

THE ASB ISSUED AN EXPOSURE DRAFT designed to expand audit procedures to address material financial statement fraud. Comments on the proposed changes are due by May 31, 2002. THE ED EMPHASIZES ...

A semi-annual or annual internal audit allows you to gauge the effectiveness of your business's internal control system. Unlike an external audit, which focuses on determining whether financial ...

A six-week Federal Aviation Administration audit of Boeing and subcontractor Spirit AeroSystems “found multiple instances where the companies allegedly failed to comply with manufacturing quality ...