Audit CTO and global solutions group leader Thomas Mackenzie explains how technology is reshaping audit quality, talent and ...

AS 1220, "Engagement Quality Review," was originally adopted in 2009 and later ... "Engagement quality reviews are an important investor safeguard during the audit process. Unfortunately, audit firms ...

Audit readiness begins well before the audit period ends. Or so it should. But now it is January and maybe the auditors have ...

High-quality audits are essential to capital market ... inspecting the work of public company auditors has been an important review process in the U.S. corporate reporting system.

The corporate watchdog is overhauling its audit quality inspection processes ... as “a key input” to its selection process for audit review files, meaning there was a greater chance of finding ...

When it comes to improving audit quality ... and flag outliers for human review. Consider the transactions that occur in the traditional order-to-cash process. If a manufacturer purchases a ...

These indicators address how well the audit partner manages the audit process, maintains independence ... the availability of an internal quality review system, the presence of technical expertise ...

As part of the inspection process, the audit firms will first ... erring auditors and has also come out with various Audit Quality Review (AQR) reports. Against this backdrop, the NFRA chief ...