We've recently released the 5th Edition of our comprehensive eBook, Learn from PCAOB Inspections – Your Prescription for Better Audits. Read More ...
Stand-Back: The New Assessment Requirement under SAS 145
Jun 06, 2023SAS 145 requires auditors to “stand-back” and assess material transactions, accounts, and disclosures that haven’t been deemed as significant. Read More ...
Going Old School: The GAAP is Back (in PCAOB Inspection Reports)!
May 16, 2023This blog post discusses the most frequently identified Part I.A deficiencies related to audits of financial statements noted in PCAOB inspection reports. Read More ...
GAAP Chats: Lessons from Donald Trump, Clarence Thomas
May 16, 2023In Episode #15 of GAAP Chats, hosts Mike Walworth and Bob Laffler discuss what lessons CPAs can learn from news stories surrounding Donald Trump and Clarence Thomas. Read More ...
Get Ready for PCAOB Inspections and Peer Reviews – Post-Webinar Q&A
May 02, 2023A post-webinar Q&A document related to our Get Ready for PCAOB Inspections and Peer Reviews webinar we co-presented with ADIGEO Consulting on April 25, 2023. Read More ...
Priorities for 2023 PCAOB Inspections: 5 Key Takeaways
Apr 25, 2023The PCAOB recently released its Spotlight: Staff Priorities for 2023 Inspections. Here’s our five key takeaways to help improve audit quality. Read More ...
GAAP Chats: Recent SEC and PCAOB Enforcement Actions
Mar 03, 2023Mike and Chris dig into some recent SEC and PCAOB enforcement actions. Read More ...
GAAP Chats: 2021 PCAOB Inspection Reports
Feb 27, 2023Chris and Mike dig into the PCAOB, the self-proclaimed independent audit watchdog, and reveal insights from their review of the 2021 PCAOB inspection reports for the annually inspected firms. Read More ...