WICHITA, Kan. (KWCH) - A report in the New York Times on Tuesday said that during a six-week audit by the Federal Aviation Administration of Boeing’s production of the 737 Max jet, Spirit AeroSystems ...

The International Auditing and Assurance Standards Board approved a new and revised set of quality management standards Wednesday for auditors to use around the world, starting at the end of 2022, and ...

Firms with A&A practices should pay particular attention to the new standard on engagement quality reviews (EQRs) as they implement the new suite of quality management (QM) standards that are ...

The Federal Aviation Administration said the agency’s 737 MAX production audit into Boeing and supplier Spirit AeroSystems found multiple instances where the companies allegedly failed to comply with ...

The Public Company Accounting Oversight Board released a YouTube video Monday discussing how to comment on its recent concept release on potentially revising quality control standards for audit firms.

The inspection report highlights deficiencies in audit documentation, independence monitoring and compliance with auditing standards. It stresses the need for stronger quality control systems and ...

NFRAs inspection found gaps in audit documentation, revenue testing, and risk assessment practices, stressing the need for ...

A six-week Federal Aviation Administration audit of Boeing and subcontractor Spirit AeroSystems “found multiple instances where the companies allegedly failed to comply with manufacturing quality ...

THE ASB ISSUED AN EXPOSURE DRAFT designed to expand audit procedures to address material financial statement fraud. Comments on the proposed changes are due by May 31, 2002. THE ED EMPHASIZES ...

A new staff report issued by the Public Company Accounting Oversight Board (PCAOB) seeks to provide best practices for auditors amid observations of rising deficiency rates related to engagement ...

Opportunities, Architecture, and Challenges: A Systematic Review,” published in Account Audit, the authors argue that AI is expanding audit coverage and improving anomaly detection, while also ...

NFRA flags shortcomings in audit quality inspections of seven CA firms, citing gaps in independence, HR policies, ...