KPMG is eliminating approximately 100 of the partners in its U.S. audit and assurance practice after not enough of them ...

The Sarbanes-Oxley Act of 2002 (SOX) mandates that audit committees be directly responsible for the oversight of the engagement of the company's independent auditor, and the Securities and Exchange ...

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. If an audit office has a diversified ...

What is audit quality? This is not meant as a philosophical question, but rather as one that can be answered through ...

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 ...

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 ...

Nasty behavior by individuals at client companies toward auditors is widespread and can negatively affect audit quality and auditor judgment, according to a recent academic study. Processing Content ...

Caseware, a global leader in AI-powered audit and financial reporting software, today announced that Carr, Riggs & Ingram (CRI), one of the largest accounting firms in the United States, will adopt ...

Ficci has urged the government to drop a proposed three-year ban preventing audit firms from offering non-audit services to ...