Opinion: The PCAOB's latest proposal represents a practical effort to strengthen audit quality while reducing implementation ...

A quality audit is a review of the performance of one area of a business and an analysis of why the results occurred. Even small businesses can benefit from simple quality audits, which can help spot ...

Demetrios Logothetis outlined his plans for revamping the PCAOB's audit firm inspection program and its new quality control ...

A product audit -- often referred to as a quality audit -- is an inspection of a final product before delivering it to a supplier or a customer. Any company, including small businesses, should conduct ...

A power quality audit is an organized, straightforward process that allows you to assess and monitor the electrical health of your facility. While it might seem complex at first, the audit process can ...

The technology company’s updates have been designed to extend the use of AI across core analytical work.

Henry Wadsworth Longfellow once said, “It takes less time to do things right than to explain why you did them wrong.” However, many audit firms think about quality as a task carried out at the end of ...

A recent study demonstrates that the use of artificial intelligence is significantly improving the quality and efficiency of financial statement audits, as well as displacing audit professionals. A ...

The release of the Office of Management and Budget’s (OMB’s) Compliance Supplement addendum for single audits right before Christmas gave practitioners long-awaited guidance for these specialized ...

A new study by the AICPA Peer Review team has revealed a set of factors that had a strong correlation with quality in single audits, which are compliance audits of governments, not-for-profits, ...

Robust taxpayer protection policies, transparent AI governance, strong data integrity practices, and meaningful human ...