Regulatory complexity also continues to be a significant challenge, and was cited by 41% of firms as their top issue.

Audit partners who issue adverse internal control opinions are often replaced and experience unfavorable changes in their ...

Leaders share advice on how to navigate the digital landscape. Technology change is a constant in today’s fast-evolving audit and ...

The Public Company Accounting Oversight Board has withdrawn the two standards it approved on firm and engagement metrics and firm reporting.

The study highlights how prevalent and acute the challenges are that CPA firms are facing, such as staffing shortages, client delays, and inaccurate data. These challenges cause ripple effects across ...

The AICPA had urged the SEC to refrain from approving the rules, warning they would “pose significant challenges” to small and midsize firms. An AICPA statement said that the “PCAOB’s decision not to ...