A quality audit is a review of the performance of one area of a business and an analysis of why the results occurred. Even small businesses can benefit from simple quality audits, which can help spot ...

A quality audit examines your company's quality management system. A quality system auditor closely guards the checklist he uses and can adapt the list to ensure it applies to your business. If you ...

Henry Wadsworth Longfellow once said, “It takes less time to do things right than to explain why you did them wrong.” However, many audit firms think about quality as a task carried out at the end of ...

(Reuters) - Wall Street's top regulator on Monday gave the nod to new accounting standards set by a watchdog agency, part of an effort to address concerns about the prevalence of poor quality audits.

A power quality audit is an organized, straightforward process that allows you to assess and monitor the electrical health of your facility. While it might seem complex at first, the audit process can ...

The regulator has said it intends to place greater weight on oversight of firms’ internal quality and control systems.

hile accounting regulators maintain audit quality is independent of firm size, others argue that large firms produce a higher quality audit than small firms. Prior research yielded mixed conclusions, ...

The American Institute of CPAs has released an analysis of single audits and found several factors contribute to audit quality, indicating why some firms are having problems doing the audits. In a ...

IN BRIEF Public company auditing is a complex and challenging area of accounting practice. The following revisits the authors ...

When performed correctly, audits of employee benefit plan financial statements can be extremely rewarding for a firm and its auditors. It takes specialized expertise to excel in employee benefit plan ...

In this article, we aim to educate readers about some of the key determinants of the level of an external audit fee. These include the size and complexity of the entity being audited, the level of ...