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Audit & Assurance

Get the latest news and other developments in audit and assurance.




  • PCAOB report notes significant audit improvement across largest accounting firms

    Apr 10, 2025, 00:00 AM by Jessica Barboza
    Inspection staff at the PCAOB expect significant improvements in aggregate deficiency rates across all categories of inspected firms in 2024, as detailed in a new PCAOB staff Spotlight publication.
    Full story
  • Financial A&A news from around the web: April 7 – 11, 2025

    Apr 10, 2025, 00:00 AM by Jessica Barboza
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • GASB staff completes study of GAAP utilization among U.S. state and local governments

    Apr 4, 2025, 00:00 AM by Jessica Barboza
    GASB has completed a study of the utilization of Generally Accepted Accounting Principles (GAAP) by state and local governments in the U.S.
    Full story
  • Financial A&A news from around the web: March 30 – April 4, 2025

    Apr 4, 2025, 00:00 AM by Jessica Barboza
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • SEC accepts 2025 FASB taxonomies

    Mar 28, 2025, 00:00 AM by Jessica Barboza
    The SEC has accepted the 2025 GAAP Financial Reporting Taxonomy (GRT), the 2025 SEC Reporting Taxonomy (SRT), and the 2025 GAAP Employee Benefit Plan Taxonomy (EBPT). FASB also finalized the 2025 DQC Rules Taxonomy (DQCRT) and the 2025 GAAP Meta Model Relationships Taxonomy (MMT), which together with the GRT, the SRT, and the EBPT are collectively referred to as the “FASB Taxonomies.”
    Full story
  • Financial A&A news from around the web: March 24 – 28, 2025

    Mar 28, 2025, 00:00 AM by Jessica Barboza
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • GASB publishes post-implementation review report on fair value standard

    Mar 21, 2025, 00:00 AM by Jessica Barboza
    GASB has published a Post-Implementation Review (PIR) report on the Board’s fair value standard.
    Full story
  • Financial A&A news from around the web: February 17 – 21, 2025

    Mar 21, 2025, 00:00 AM by Jessica Barboza
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • Build your skills at the OSCPA Employee Benefit Plan Audit Conference

    Mar 6, 2025, 00:00 AM by Natalie Rooney
    As a former Big 4 auditor, Peter Zender, CPA, has seen a few things. His presentation at the OSCPA’s 2025 Employee Benefit Plan Audit Conference focuses on helping other CPAs identify how they can make their employee benefit plan audits go more smoothly.
    Full story
  • CPA Voice: Elevate your practice with peer review

    Mar 6, 2025, 00:00 AM by Natalie Rooney
    If you lead an accounting and auditing practice, your firm already has resources that can be scaled to develop a peer review practice, increasing your overall value and solutions provided. Is peer review a great fit for you and your firm?
    Full story
  • Survey: 71% of audit committees are now discussing cybersecurity quarterly

    Feb 28, 2025, 02:00 AM by Natalie Rooney
    While challenges persist in areas such as talent, communication, audit quality and risk management, audit committees are increasingly focused on cybersecurity, according to Deloitte and the Center for Audit Quality’s most recent Audit Committee Practices Report.
    Full story
  • Financial A&A news from around the web: February 24 – 28, 2025

    Feb 28, 2025, 02:00 AM by Natalie Rooney
    In case you missed them, here are some recent interesting financial A&A news items from around the web.
    Full story
  • Auditing cashless transactions

    Aug 23, 2023, 12:00 PM by SEO National
    The four-step process to auditing cashless transactions is a guide for auditors to use as they navigate their client’s many pathways of cashless transactions.
    Full story
  • “Don’t procrastinate, don’t panic” when it comes to the new quality management standards

    Aug 18, 2022, 11:05 AM by Sonya Guthrie
    In June, the AICPA issued new quality management standards that will become effective Dec. 15, 2025.
    Full story
  • Can I elect a GAAP exception for new revenue recognition and lease standards?

    Jul 31, 2020, 13:01 PM by Jessica Salerno Shumaker
    Here's how the OSCPA Accounting and Auditing Committee answered a question from a member on a GAAP exception for new revenue recognition and lease standards.
    Full story
  • Changes to the auditor’s report for non-issuers

    Jul 31, 2020, 13:01 PM by User Not Found
    A new group of audit reporting standards proposed in November by the AICPA Accounting Standards Board aims to increase the transparency of the auditor’s considerations in issuing an opinion.
    Full story
  • CPA Voice: CPA exam changes ahead

    Jul 31, 2020, 13:00 PM by User Not Found
    In April the CPA exam will undergo a change meant to prepare new CPAs for a world focused more on application, analysis and interpretation.
    Full story
  • ‘Weird brain’ the secret to this CPAs’ success

    Jul 31, 2020, 12:59 PM by User Not Found
    Rob MacKinlay, CPA, CGMA, has, as he calls it, a “weird brain.”
    Full story
  • CPA Voice: Sustainability assurance’s link to reporting quality

    Apr 2, 2020, 11:00 AM by Jessica Salerno Shumaker
    Companies across the world are increasingly interested in sustainability reporting.
    Full story
  • Get familiar with changing auditing standards

    Aug 21, 2019, 00:00 AM by User Not Found
    Audit reporting standards are changing, and an expert says CPAs must understand what the changes are, train staff and communicate with clients.
    Full story
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