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On June 1, the Public Company Accounting Oversight Board unanimously adopted a revised auditing standard governing the contents and form of the audit report delivered by registered public accounting firms...

On November 8, 2024, without admitting or denying findings, the mainland China-based firm, JTC Fair Song CPA Firm, settled with the PCAOB for repeated violations of PCAOB rules by failing to make requisite filings and for failing to cooperate with an investigation into those reporting violations.

Security audits are comprised of methods to evaluate the security of a company's information system.

On December 17, 2012, the SEC issued an order granting approval of the Public Company Accounting Oversight Board’s Auditing Standard No. 16, "Communications with Audit Committees," and related and transitional amendments to PCAOB.

Recent trends indicate that software publishers are increasingly initiating direct software audits instead of outsourcing the auditing process to entities such as the BSA.

On September 8, 2023, OFCCP announced it posted a new Corporate Scheduling Announcement List (CSAL) for supply and service contractors. OFCCP announced that the list consists of 1,000 federal...

Created by the Sarbanes-Oxley Act of 2002, the PCAOB was intended to provide independent oversight of auditors of public companies and broker-dealers.

The IRS announced at recent bar association meeting that it is commencing a formal compliance initiative program of selected employers.

The New York City Department of Consumer and Worker Protection just announced that it will begin enforcing the NYC Automated Employment Decision Tools...

On May 9, 2012, the SEC announced an enforcement action against Deloitte Touche Tohmatsu CPA Ltd.

Even if your company was not selected in this wave of audits, more audits are coming, and even minor breaches can trigger regulatory scrutiny.

The U.S. Department of Health and Human Services (HHS) Office for Civil Rights described a phishing campaign that is attempting to convince recipients of their inclusion in OCR's Phase 2 audit program

U.S. Immigration and Customs Enforcement Acting Director Thomas Homan recently announced that ICE would increase worksite audits by "four or five times" in the next year.

Pennsylvania recently enacted law House Bill 1630, enabling the PA Department of the Auditor General to conduct audits and reviews of certain pharmacy benefit managers ("PBMs") operating within the state.

Audits initiated by the BSA or the SIIA are based on an underlying allegation that the targeted business has used software without a license.

You have seen all the hysterical headlines — "The HIPAA audits are coming, the HIPAA audits are coming…." But when you really think about it, what is the big deal?

The president on Nov. 2 signed a sweeping budget compromise into law that will replace the current partnership audit procedures with a new process that dramatically increases the payment and reporting responsibilities for partnerships.

The public is invited to continue to provide comments and suggestions as guidance is written throughout the year.