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Big Four lose share of SEC audits

Accounting Today

The 10 firms with the most public company audit clients accounted for 65% of the total market, down from 70% in 2023.

Auditing 316
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Broker-dealer audits continue to have high deficiency rates

Accounting Today

The PCAOB issued its annual report on its audits of brokers and dealers and noted that it's seeing at least one deficiency in 70% of the 103 audit engagements it reviewed in 2023.

Auditing 312
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IAASB releases handbook for int'l audits

Accounting Today

The International Auditing and Assurance Standards Board 2023-2024 Handbook includes ISA 600 and ISA for LCE.

Auditing 275
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SEC upped accounting, auditing enforcement in FY 2023

Accounting Today

The 83 publicly disclosed accounting and auditing enforcement actions represented the highest number of actions initiated since FY 2019.

Auditing 290
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Audit partners expect to see inflation ease in 2023

Accounting Today

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Auditing 321
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BDO releases audit quality report, adds to advisory council

Accounting Today

BDO USA released its 2023 Audit Quality Report Tuesday as it added a second independent member to its Audit Quality Advisory Council.

Auditing 173
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KPMG faces fresh questions over audits after New York Community turmoil

Accounting Today

The auditing giant KPMG audited the three regional banks that failed last year. New York Community's recent disclosures that it had financial reporting weaknesses in 2023 raises new questions over the auditors' role.

Auditing 189