Former US audit regulator to head IAASB
Martin Baumann named as the new chair of the IAASB
Mind the gap: audit clients and regulators on a different page
While regulators work to foster greater competition and drive up audit quality, audit clients seem generally happy
Accounting for micro-entities
Auditors are worried that opinions for the smallest company audits might not pass the Ronseal test
ISA 540: Estimation unknown
Changes to accounting and auditing standards don’t take place in a vacuum and the proposed changes to ISA 540 is a clear example of this
PCAOB chief auditor to go
The US watchdog is losing yet another member of its senior team next week
Grant Thornton fined £4m over audit misconduct
The FRC fined the mid-tier firm over its audits at Nicholas and University of Salford
KPMG, Deloitte and BDO fined for improper audits
The case involves KPMG in Zimbabwe and South Africa, Deloitte Zimbabwe and BDO Canada
US watchdog slates standard of broker-dealer audits
PCAOB says auditors still breaking independence rules and failing to improve audit flaws
Assessing audit effectiveness
William Touche at Deloitte asks how audit committees will assess the effectiveness of the external audit process
Are audit standards up to scratch?
Is it time for a change in the audit standard setting process?
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