Public accounting firms love to land new audit clients and keep their current audit clients happy. After all, acquiring new business and retaining it is the key to growth. But revenue growth can cause ...

Following these tips can help maintain an audit quality-control system that holds your firm to professional standards and aids in delivery of a top-notch product to clients, experts say. Focus on the ...

The Federal Aviation Administration said the agency’s 737 MAX production audit into Boeing and supplier Spirit AeroSystems found multiple instances where the companies allegedly failed to comply with ...

The Public Company Accounting Oversight Board has proposed a set of significant changes in the requirements for auditing firms' quality control systems, in a major update from the earlier standards in ...

Question: What is the time frame requirement with regard to post-closing quality control (QC) audits? In short, when must they be completed? Answer: HUD and VA require that FHA and VA loans be ...

An audit by U.S. regulators in response to a midflight Alaska Air incident in January found that Boeing BA-1.98%decrease; red down pointing triangle allegedly failed to comply with quality-control ...

Changes in technology and the structure of audit firms have prompted a U.S. regulator to consider tweaking rules governing the controls audit firms use to determine the quality of their audits. The ...

Big data, you might say, brings big challenges. Think of the time consumed capturing the right data from multiple systems across disparate databases. Then factor in the absolute explosion of data ...

Lest you think that nothing came of Toyota's unprecedented vehicle recall earlier this year, the Japanese automaker has revealed that it's been auditing its suppliers for quality and, unsurprisingly, ...

The Federal Aviation Administration found dozens of issues throughout Boeing’s 737 MAX jet production process, including mechanics at one of its key suppliers using a hotel key card and dish soap as ...

An FAA audit of Boeing and Boeing supplier Spirit AeroSystems found multiple instances in which the companies failed to comply with quality-control standards on the 737 Max 9 production line. Photo ...