Clients hire auditing firms for an array of reasons. A client may require a financial audit of his business's records for federal auditing purposes, or may simply need financial advice for his ...

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 SEC has adopted final amendments to the auditor independence rules relating to lending relationships between the auditor and an audit client or certain shareholders of the audit client. As noted ...

Asking the right questions when considering accepting new audit clients, or continuing a relationship with an existing client, is the key to establishing a quality relationship, according to a new ...

Journal of Business Ethics, Vol. 85, No. 2 (March 2009), pp. 109-136 (28 pages) The recent accounting scandals have raised concerns regarding the closeness of auditor–client relationships. Critics ...

Deloitte was the only Big Four audit firm to net positive in new public company clients in 2022, while Marcum saw the largest overall gains a year removed from losing 110 clients, according to the ...

Top 20 Firm Marcum LLP led the second-quarter rankings among large firms for new Securities and Exchange Commission audit clients, bringing on 11 and netting nine. A number of other large firms saw ...

As IRS budgets and audit staff continue to diminish, audit numbers are at an all-time low. But when you file your clients’ returns, the most common question persists: “How likely am I to be audited?” ...

PwC's US chair Paul Griggs confirmed on Sunday that the company is now fully offering crypto audit, consulting, and tax services.

FASB’s new revenue recognition standard, FASB ASC Topic 606, Revenue From Contracts With Customers, is one of the most significant changes ever in U.S. GAAP. The new, principles-based standard ...