The Public Company Accounting Oversight Board approved two new standards Monday on a firm's system of quality control and the general responsibilities of the auditor in conducting an audit, albeit ...
Firms with A&A practices should pay particular attention to the new standard on engagement quality reviews (EQRs) as they implement the new suite of quality management (QM) standards that are ...
The Public Company Accounting Oversight Board released a YouTube video Monday discussing how to comment on its recent concept release on potentially revising quality control standards for audit firms.
The Federal Aviation Administration said the agency’s 737 MAX production audit into Boeing and supplier Spirit AeroSystems found multiple instances where the companies allegedly failed to comply with ...
A semi-annual or annual internal audit allows you to gauge the effectiveness of your business's internal control system. Unlike an external audit, which focuses on determining whether financial ...
STATEMENT ON AUDITING STANDARDS (SAS) no. 96, Audit Documentation, marks the first big change in the requirements auditors must observe when documenting their audit work. It provides general guidance ...
Business bankruptcy filings between June 2009 and June 2010 showed an increase of 10 percent to 59,024, according to an October 2010 Dun and Bradstreet business report. The report's recommendations ...
A six-week Federal Aviation Administration audit of Boeing and subcontractor Spirit AeroSystems “found multiple instances where the companies allegedly failed to comply with manufacturing quality ...
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