Newswise — The quality of audit services suffers when an audit firm has clients from many different industries, according to new research from the University of Notre Dame. The study examined ...

Studies of former partners of audit firms that have assumed management positions at audit clients have raised concerns, at least pre-SOX, about potentially lower audit quality, perhaps reflecting ...

Regulators have expressed concerns that audit firms’ emphasis on non-audit services (NAS) such as consulting could distract from an audit, and quality does suffer in certain cases, according to new ...

Client account reviews provide an opportunity for a business professional to assess the current state of his customer's financial status, changes in goals and any other relevant information. Because ...

The SEC has adopted final amendments to the auditor independence rules relating to lending relationships between the auditor and an audit client or certain shareholders of the audit client. As noted ...

As turnover of auditors increases, an accounting firm’s ability to deliver timely, accurate and effective audits declines — and so does overall client service — according to new research from the ...

Big accounting firms rely on big-name clients to make a profit and build credibility. So how bad is it when a firm loses an industry leader client in its audit business due to performance? And how ...

Where the field convenes. Privately. A curated private community for credentialed ethics, risk, and compliance leaders across the ECI and Compliance Week network. Ask the questions you can’t post ...

As IRS budgets and audit staff continue to diminish, audit numbers are at an all-time low. But when you file your clients’ returns, the most common question persists: “How likely am I to be audited?” ...

The Public Company Accounting Oversight Board imposed a total of $525,000 in sanctions against Marcum LLP and its affiliated firm, Marcum Bernstein & Pinchuk LLP, along with one of its partners, for ...