A significant deficiency in internal control over financial reporting will not automatically constitute a critical audit matter that auditors will have to disclose under a new auditing standard, but ...

Demetrios Logothetis outlined his plans for revamping the PCAOB's audit firm inspection program and its new quality control ...

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 ...

The most recent audit of the state Department of Agriculture identified “internal control deficiencies and instances of noncompliance with laws, regulations, or policies,” records show. The document ...

The Government Accountability Office (GAO) has identified 14 new information system security control deficiencies at the Internal Revenue Service (IRS). Eight of these deficiencies related to access ...

Nearly $300,000 in school technology has gone missing, according to a recent state audit that revealed a local district ...

Audit companies face an audit by agovernment oversight agency and are found lacking. The Public Company Audit Oversight Board (PCAOB), an independent US agency that oversees the audits of public ...

ASHEVILLE - After last year's historic clean audit following four years of significant findings of corruption surrounding the scandal of former County Manager Wanda Greene and its fallout, Buncombe ...

The Department of Veterans Affairs “continues to face significant challenges” in complying with the Federal Information Security Modernization Act—or FISMA—according to an audit released by the VA ...