AUSTIN (KXAN) — The city of Austin’s Public Works Department wasn’t consistent in tracking project costs and ensuring the quality of projects during 2016 and part of 2015, according to an audit ...

Testing payroll during an audit can be a tedious manual process, the kind of grunt work that has long been viewed as the “dues” paid by young auditors before they advance in their careers. Recently, ...

Tone at the top and appropriate deployment of personnel are among the most important indicators of a quality audit, according to a survey of CPA firms performed by the AICPA. The Practice Monitoring ...

Studies of former partners of audit firms that have assumed management positions at audit clients have raised concerns, at least pre-SOX, about potentially lower audit quality, perhaps reflecting ...

In a six-point plan released May 14, the AICPA describes extensive ongoing and new efforts to improve audit quality. Continued improvement in the quality of audits has long been a core focus of the ...

Firms worried that their internal audit function is not doing a good enough job of identifying risk may want to consider instituting a quality assurance program. QA in manufacturing has been around ...

How often and how much does your firm think about quality? Every auditor is, by nature, committed to quality. Every firm has final quality control steps built into its production process. However, ...

Customers enjoy buying from a small business that consistently delivers great products. However, the experience may last only a short time: Only two out of four small businesses survive beyond five ...

New Delhi, Mar 30 (PTI) The National Financial Reporting Authority (NFRA) has flagged certain lapses in the audit quality of three audit firms. The observations have been made in NFRA's three separate ...