Written By: Ken Tysiac The AICPA issued two Technical Questions and Answers on Tuesday that provide nonauthoritative guidance related to performing third-party assessment engagements. TQAs 9550.01–.02 describe the characteristics of a third-party assessment program and the standards a member is required to apply to a third-party assessment …
Written: By Ken Tysiac Auditors should look at critical audit matters as an important opportunity to communicate and show the value they add to the financial reporting process, PCAOB member J. Robert Brown said Monday at the AICPA Conference on Current SEC and PCAOB Developments. …
Written By: Michael Cohn January 05, 2021, 4:39 p.m. EST Over one-third of U.S. public company audits rely on at least one audit firm abroad, according to new research. The report found that 37.6 percent of U.S. public company audits utilize at least one foreign …
Written By: Ken Tysiac The AICPA Auditing Standards Board (ASB) issued a new standard Wednesday that is designed to make it clear that the objective of a review engagement is to obtain limited assurance about whether any material modifications should be made to the subject …
Samrawit Yohannes
