The annual report, released Tuesday by Financial Executives International's Financial Education & Research Foundation, found that the average audit fee increased to $3.01 million in 2023, up from ...

Big deals for CBIZ and Baker Tilly put them at the top of the league tables for new public company audit engagements for all ...

The Public Company Accounting Oversight Board (PCAOB) has had one of its busiest years in recent memory, including with respect to standard setting, inspections and enforcement. Below is a summary of ...

When a regional logistics company received an unsolicited buyout offer from a national competitor, the owners were intrigued. Just as negotiations began, the buyer’s team requested audited financials.

More public companies are reducing headcount capacity, and fewer are increasing employee compensation and benefits, according to a recent survey of audit partners conducted by the Center for Audit ...

ASCs should incorporate an external audit into their compliance programs. Formal coding audit protocol should define the purpose of the audit, frequency of review and sample size. The difficult part ...

CPAs CAN USE DATA ON AUDIT MALPRACTICE claims filed with CNA, which underwrites 22,000 CPA firms in the AICPA professional liability insurance program, to help them avoid high-cost claims when they ...

The regulator pointed to gaps in auditor independence, internal controls and the examination of related-party transactions.

The North Amityville Fire Company has made progress in tightening its financial oversight, but a New York State audit says more improvements are still needed. The New York State Comptroller’s Office ...

The Philippines’ most valuable company said its financial statement is currently undergoing “rigorous audit” by external auditors after Manila’s securities regulator said it would look into the ...