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 ...

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

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 ...

Firms with A&A practices should pay particular attention to the new standard on engagement quality reviews (EQRs) as they implement the new suite of quality management (QM) standards that are ...

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 ...

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

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 ...