The Securities and Exchange Commission appointed retired EY partner Demetrios (Jim) Logothetis to lead the watchdog tasked with inspecting public-company audits and disciplining firms for violations.

Following Apple’s recommendation that shareholders vote against a proposed “China Entanglement Audit,” the National Legal and Policy Center (NLPC) has submitted a new filing with the SEC, urging ...

The U.S. Department of War has failed its department-wide financial audit for the eighth consecutive year, underscoring long-standing challenges in tracking how the nation’s largest federal budget is ...

A new report from CPA.com and the AICPA creates a snapshot of what a typical audit firm transformation looks like, based on feedback from 54 U.S. firms of various sizes and maturity levels. “By ...

The Office of Management and Budget (OMB) posted the delayed 2025 OMB Compliance Supplement, an annual resource for practitioners involved in single audits and federal grant compliance. The AICPA ...

Since the U.S. Securities and Exchange Commission (“SEC”) approved standards requiring independent audit committees in 1999, audit committees have become a primary internal mechanism for maintaining ...

Outside audit firms are leveraging data analytics to revolutionize risk detection, streamline fieldwork, and deliver deeper client insights; and by embracing advanced technologies and upskilling their ...

Since Donald Trump won a second term as U.S. president in 2024, unsubstantiated claims that the election was "stolen" and that former Vice President Kamala Harris was the rightful winner have ...

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Remote audits have become the post–COVID-19 norm as employees around the world continue to work in a hybrid or fully remote environment. Although there are many benefits to a remote approach, it may ...