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 ...

A quality audit examines your company's quality management system. A quality system auditor closely guards the checklist he uses and can adapt the list to ensure it applies to your business. If you ...

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 ...

George Botic, CPA, shares focus areas for auditors in the coming year using in his signature colorful language.

hile accounting regulators maintain audit quality is independent of firm size, others argue that large firms produce a higher quality audit than small firms. Prior research yielded mixed conclusions, ...

The International Auditing and Assurance Standards Board has released a new publication with the goal of raising awareness of the key elements of audit quality. The document, “ A Framework for Audit ...

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 Independent Audit Quality Advisory Committee's (IAQAC) formation is the next step in the firm's strategy to continue leading on delivering audit quality The new committee brings together audit and ...

Reoccurring PCAOB findings with an increasing deficiency rate, in 2020, 2021, and 2022, included revenue, business combinations, and inventory. 2 Critical audit matters (CAMs) and audit committee ...

Technology has so captivated the auditing sphere that at first glance, it seems machines seem to be stealing the spotlight from humans. But technology, while it can undoubtedly make jobs easier and ...

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 ...