Firms with A&A practices should be aware that the new quality management standards include changes to engagement quality reviews.

Findings suggest that audit firms with more centralised and standardised processes experience fewer procedural deviations and ...

A Questionnaire Quality Control (QQC) audit using a standard set of parameters provides ... Checking the longest paths An expert review to examine unique aspects of the questionnaire and to identify ...

While the new QM standards will not change the peer review process itself, they will affect the questions and inquiries firms receive from reviewers and on management responsibilities, said Jim ...

The Public Company Accounting Oversight Board is also offering insights on improving audit committee communications and a ...

The PCAOB found that during three different audits, the firm and Weinstein committed ... Requires the firm to review and certify its quality control policies prior to submitting any future ...

With MOM integration, compliance with regulatory standards becomes more manageable. Automated data collection and reporting ...