Following these tips can help maintain an audit quality-control system that holds your firm to professional standards and aids in delivery of a top-notch product to clients, experts say. Focus on the ...

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 ...

Jim Logothetis, appointed chair of the PCAOB in January, said the watchdog would pursue “narrow” changes to the standard.

The Public Company Accounting Oversight Board has proposed a set of significant changes in the requirements for auditing firms' quality control systems, in a major update from the earlier standards in ...

Jim Logothetis says parts of quality control standard implemented by Biden administration ‘may be unnecessary’ ...

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 ...

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 ...

An FAA audit of Boeing and Boeing supplier Spirit AeroSystems found multiple instances in which the companies failed to comply with quality-control standards on the 737 Max 9 production line. Photo ...