The American Institute of CPAs has issued amendments to its auditing standards for when to reference the audit of a component auditor in the auditor’s report on the group financial statements.

Audit regulators are increasing their focus on how group auditors identify, engage and supervise component auditors, sparking important discussions about effectiveness, practicality and unintended ...

Globalization isn’t a fad. Accounting firms are increasingly serving clients that are transitioning operations to foreign markets. As a result, firms of all sizes are increasingly providing assurance ...

Changes to National Instrument 52-108 Auditor Oversight and its Companion Policy (the Amendments) require auditors that perform a significant portion of a reporting issuer’s audit work to provide the ...

The AICPA Auditing Standards Board (ASB) is proposing a new Statement on Auditing Standards (SAS) intended to improve the quality of group audits. The proposed SAS, titled Special Considerations — ...