As part of a financial audit, the auditor must assess the inherent risk associated with the revenue cycle and perform tests to determine it is relatively free of ...
The Public Company Accounting Oversight Board released its 2020 inspection reports Monday for the Big Four firms — Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers — as well as BDO USA and ...
The Public Company Accounting Oversight Board released its annual inspection reports Tuesday for the Big Four firms, along with eight other firms that are inspected each year. The PCAOB generally ...
State insurance regulatory agencies typically require all title insurance companies to conduct and submit the results of an annual compliance audit. The goal is to make sure title companies record and ...
KPMG International and the KPMG network of member firms providing audit, tax and advisory services, announced the integration of generative AI into KPMG Clara, our global smart audit platform.
The reliance on statistical sampling is becoming an outdated risk in a data-rich world. UK audit firms must transition to full-population testing and continuous assurance, shifting the auditor's role ...