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Audit & Accounting

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September 28, 2020

IAASB approves new quality management standards for auditors

By Michael Cohn 16 min read

KPMG is already starting to use the new standards to improve audit quality globally.

Wirecard woes mount for Ernst & Young as clients cut auditor

By Hugo Miller and Birgit Jennen 4 min read

KfW, Germany’s third-largest bank by assets, may drop Ernst & Young as auditor as EY continues to be plagued by its role in the country’s Wirecard accounting scandal.

Financial reporting isn’t getting any easier under COVID-19

By Michael Cohn 5 min read

Now that U.S. companies have experienced two fiscal quarters in the midst of the novel coronavirus pandemic, quarterly reporting for Q3 doesn’t seem to be getting any simpler, according to a new report from Deloitte.

SPONSOR CONTENT

The Profession and the Pandemic Revisited: Insights and Strategies for Firm Leaders

The pandemic continues to reshape the economy and the accounting profession, this webinar will discuss what firm leaders need to know to become stronger.

Managing audit fee pressure during COVID-19

By Ane Ohm 3 min read

There are two key areas that CPA firms should closely watch to manage audit fees in 2020.

Companies making more disclosures about audit committees this year

By Michael Cohn 2 min read

COVID-19 doesn’t seem to be having an impact on such disclosures, according to a report from Ernst & Young.

RESOURCES

WEB SEMINAR

What’s next? Planning expeditiously during challenging times

Everyone has been dealing with some type of change during the last 9 months, often at multiple times during a short period, which has meant a lot of decision-making.

Learn More

WEB SEMINAR

Navigating the changes of moving to a virtual office →

WEB SEMINAR

The eight biggest mistakes accounting professionals make when applying for jobs →

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