CFO Dive

OCTOBER 19, 2022

The fine is the largest civil penalty levied against an individual by the federal audit watchdog since it was established in 2002.

Auditing 282

Auditing 282

CFO Dive

SEPTEMBER 17, 2024

Kubient’s ex-CEO, ex-CFO and former head of audit each lied to the business’ independent auditor and reported $1.3 million in false revenue, the SEC alleges.

CFO 245

CFO Accounting Auditing 245

CFO Dive

MAY 13, 2024

audit watchdog updated standards created two decades ago and aligned regulation with changes in technology.

Auditing 256

Auditing Technology 256

CFO Dive

NOVEMBER 9, 2023

GenAI isn’t likely to replace accountants any time soon — but firms like Deloitte are already integrating it into their accounting and audit practices.

Auditing 294

Auditing Accounting 294

CFO Dive

DECEMBER 7, 2023

Since early 2021 SEC Chair Gary Gensler has called on the PCAOB to more aggressively oversee the accounting firms that audit publicly listed companies.

Auditing 277

Auditing Accounting Firms Accounting 277

CFO Dive

JANUARY 11, 2023

Ernst & Young is moving forward with a “soft separation” of its audit and consulting arms as they appoint Jamie Miller to the CFO seat of what will be a new public entity.

CFO 241

CFO Auditing 241

CFO Dive

MARCH 28, 2023

The audit watchdog aims to update and unify interim standards created 20 years ago, aligning its rules with new independence requirements and advances in technology.

Auditing 256

Auditing Technology 256

CFO Dive

SEPTEMBER 26, 2023

As regulators worldwide begin to mandate ESG disclosures, only 25% of companies are ready for audits of their reports, KPMG said.

Auditing 264

Auditing 264

CFO Dive

JANUARY 13, 2023

Audit committees are taking on more responsibilities as the SEC writes several rules requiring more detailed corporate disclosure.

Auditing 242

Auditing 242

CFO Dive

FEBRUARY 3, 2023

With internal audit committees biting off more than they can often chew, committee members across businesses are feeling the burnout.

Auditing 246

Auditing 246

CFO Dive

NOVEMBER 29, 2022

Chief audit executives struggle to fend off ransomware attacks as the tight labor market leaves them understaffed.

Auditing 263

Auditing Marketing 263

CFO Dive

APRIL 29, 2024

Companies hiring for internal audit need to prepare for disruption from new technology such as artificial intelligence and robotic process automation, IIA said.

Auditing 242

Auditing Accounting Technology 242

CFO Dive

APRIL 10, 2023

The new SVB shareholder lawsuit shines a light on KPMG’s February audit that effectively gave the bank a clean bill of health about two weeks before its collapse.

Auditing 236

Auditing Banking 236

CFO Dive

APRIL 28, 2023

Audit firms face a conflict between sustaining income from client fees and their legal obligation to identify weaknesses in a client’s internal controls, researchers said.

Auditing 238

Auditing 238

CFO Dive

AUGUST 16, 2022

SEC Chair Gary Gensler hailed efforts to avert significant errors in audits by multiple firms, including mistakes in the calculation of revenue and measurement of fair value.

Auditing 242

Auditing 242

CFO Dive

APRIL 20, 2023

The criticism of SPAC audits follows a surge in restatements by the so-called blank-check companies.

Auditing 231

Auditing 231

CFO Dive

OCTOBER 9, 2023

Jamie Miller departed from the Big Four firm just weeks following the failure of its plan to split its audit and consulting business into two distinct entities.

Auditing 293

Auditing CFO Planning 293

CFO Dive

APRIL 26, 2024

Jonathan Lock’s resignation comes after an internal audit determined he had engaged in unethical financial practices.

Accounting 253

Accounting Auditing CFO 253

CFO Dive

OCTOBER 5, 2022

The watchdog for the firms that audit publicly-traded companies has intensified supervision in 2022, with plans to sharpen penalties against rule-breakers.

Auditing 224

Auditing Planning 224

CFO Dive

AUGUST 16, 2023

The firm violated Public Company Accounting Oversight Board standards in connection with an audit of music streaming business Akazoo, the SEC found.

Auditing 212

Auditing Accounting 212

CFO Dive

JANUARY 22, 2024

Archer Daniels Midland named Ismael Roig interim finance chief as the board's audit committee and outside counsel conduct an investigation into accounting practices.

Accounting 252

Accounting Auditing CFO Finance 252

CFO Dive

FEBRUARY 15, 2024

The aerospace company is grappling with the implications of last month’s midair door plug blowout that shocked travelers and sparked an FAA audit.

Auditing 242

Auditing CFO 242

CFO Dive

JANUARY 18, 2024

A barrage of business risks may intensify this year, and audit committees need to help C-suite executives limit potential losses and seize opportunities, EY said.

Auditing 191

Auditing 191

CFO Dive

JULY 28, 2023

The SEC’s chief accountant called out the practice by which some crypto companies pay for less “precise” reviews of their business that they misrepresent to investors as audits.

Auditing 189

Auditing Accounting 189

CFO Dive

NOVEMBER 21, 2024

CFOs are keeping their focus on finding AI tools with “some good bit of traceability” in the face of a rising tide of potential vendors, Visual Lease’s Amie Durr said.

Auditing 313

Auditing 313

CFO Dive

JANUARY 26, 2022

To the extent CFOs support the committees, they could be called on to help find experts to join, or present to, members who are tasked with preventing a damaging breach.

Auditing 266

Auditing 266

CFO Dive

NOVEMBER 18, 2024

Nearly four out of five investors said boards should demonstrate expertise in climate, cybersecurity and other risks by detailing their work to limit such hazards, EY said.

Auditing 262

Auditing 262

CFO Dive

AUGUST 16, 2024

Inspections of nearly half of the firms’ engagements reviewed by the PCAOB revealed evidence that the auditor failed to obtain enough evidence to support its opinion.

Auditing 257

Auditing 257

CFO Dive

OCTOBER 29, 2024

The Big Four accounting and consulting firm is interested in becoming a leader in the emerging AI agent space.

Auditing 232

Auditing Accounting 232

CFO Dive

JULY 7, 2023

CFOs can help to champion internal auditors when it comes to assessments of company culture, which can help boost long-term performance.

Auditing 244

Auditing 244

CFO Dive

FEBRUARY 1, 2022

Delays mean companies can face hurdles raising capital, securing financing or making financials available to buyers interested in an acquisition.

Auditing 240

Auditing Finance Securities 240

CFO Dive

DECEMBER 15, 2022

The PCAOB’s push for more transparency in China-based companies will enable CFOs and auditors who heavily rely on Chinese firms to better understand their partners’ operations.

Auditing 242

Auditing 242

CFO Dive

DECEMBER 19, 2024

Trust in public company financials “can easily be taken for granted,” outgoing SEC Chair Gary Gensler warned in a statement on the audit watchdog’s budget.

Budgeting 275

Budgeting Auditing 275

CFO Dive

DECEMBER 8, 2022

To avert flaws in reports, CFOs should keep auditors apprised of any big changes or new business risks and invest in internal controls.

Auditing 228

Auditing Investments 228

The Charity CFO

MARCH 31, 2023

The word audit can invoke instant fear and dread. Whether it’s an IRS audit, external audit, or even an internal audit, the process can feel burdensome and worrying. Contrary to popular belief, most audits are not conducted to detect a problem. Should My Nonprofit Obtain an Independent Audit?

Nonprofit 98

Nonprofit Auditing Compliance CFO 98

CFO Dive

JANUARY 22, 2024

Do you know how audits can enhance the investment decision-making process? This short video explains how accurate, reliable and transparent financial reporting keep capital markets operating effectively.

Auditing 130

Auditing Financial Reporting Investments Marketing 130

CFO News Room

NOVEMBER 14, 2022

accounting regulators to inspect China-based audits is raising questions about the role of unregistered auditors in the Chinese gambling enclave of Macau, where several U.S.-listed audit watchdog. audit watchdog. WSJ | CFO Journal. A recent agreement between Washington and China allowing U.S. Lead auditors, often the U.S.

Auditing 100

Auditing CFO Accounting Corporate Finance 100