The Defense Department's lead contracting oversight unit may have allowed internal performance metrics to compromise the quality of its audits at times, the agency's director acknowledged in a ...

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 ...

High-quality audits are essential to capital market operations. These audits are planned and executed by highly skilled, independent auditors in consultation with independent audit committees. In turn ...

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 ...

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 chief executive of Boeing Commercial Airplanes has laid out initial steps the company is taking to address quality and safety concerns raised by two recent investigations into its 737 Max assembly ...

The concepts of quality assurance and audits are two distinct ideas that serve the same purpose: improving quality, consistency and reliability in operations. Quality assurance is more of an abstract ...

Tone at the top and appropriate deployment of personnel are among the most important indicators of a quality audit, according to a survey of CPA firms performed by the AICPA. The Practice Monitoring ...

The Independent Regulatory Board for Auditors (IRBA) has released its 2025 Public Inspections Report, revealing persistent ...