George Botic, CPA, shares focus areas for auditors in the coming year using in his signature colorful language.

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 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 Public Company Accounting Oversight Board released a YouTube video Monday discussing how to comment on its recent concept release on potentially revising quality control standards for audit firms.

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 ...

The Federal Aviation Administration said the agency’s 737 MAX production audit into Boeing and supplier Spirit AeroSystems found multiple instances where the companies allegedly failed to comply with ...

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 ...

Quality is the name of the game when your business is in the business of product creation. Whether your product is a fast food hamburger or hardware that may one day become part of a jet airplane, ...

Interpath Advisory was sold by KPMG in 2021. The Financial Reporting Council (FRC) has published its annual review of audit quality, highlighting troubling performance from audit firms BDO and Mazars.