More than two-thirds (70%) of U.S. audit clients are ready to change firms within the next three years, according to a new report. Processing Content Inflo's "Creating a New Audit Experience for U.S.
Nasty behavior by individuals at client companies toward auditors is widespread and can negatively affect audit quality and auditor judgment, according to a recent academic study. The study, which ...
As turnover of auditors increases, an accounting firm’s ability to deliver timely, accurate and effective audits declines — and so does overall client service — according to new research from the ...
As IRS budgets and audit staff continue to diminish, audit numbers are at an all-time low. But when you file your clients’ returns, the most common question persists: “How likely am I to be audited?” ...
Deloitte was the only Big Four audit firm to net positive in new public company clients in 2022, while Marcum saw the largest overall gains a year removed from losing 110 clients, according to the ...
An administrative judge yesterday barred accounting giant Ernst & Young LLP from accepting new public audit clients for six months because of the firm's "blatant" disregard and "utter disdain" for ...
Annual Audit Plan – An annual audit plan is developed by the Director of Internal Audit based on a university-wide assessment of risk and where Internal Audit can make the greatest impact. Input from ...