EAQ Initiative and Peer Review Update
Recently, Wolters Kluwer’s Cathy Rowe interviewed Carl Mayes about the latest findings around the AICPA Enhancing Audit Quality (EAQ) Initiative. Carl serves as Associate Director…
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Roll Forward with Knowledge Coach
You may have read in the news recently about a patent for the application of AI specific to the roll forward/update processes during an audit…
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Testing Internal Controls – Audit Tools that Help
Earlier this month, the PCAOB released annual inspection reports for the Big Four accounting firms and eight other firms. The reports revealed deficiencies in 52…
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Passing Peer Review Tips
Peer review can be a stressful experience for some firms. However, it is also an important way that the profession identifies problems and provides firms…
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Improve Peer Review by Improving Audit Quality
Improve Peer Review If you’ve gone through peer review in the past two years, you noticed some changes. Specifically, the AICPA has worked hard to…
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Avoiding Missteps in Peer Review
As the calendar turns to Fall, it is time to start planning year-end audit engagements again. While it may not have been a priority this…
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Can you rely on your audit tool?
Is your software & content reliable? Quality is foundational in everything we need to do as a CPA to be the trusted advisor for clients. …
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Successful Peer Reviews – Part 4
When it comes to “delivering quality audits that result in successful peer reviews”, there are strategies that firms should consider. Repeating that statement in all…
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Successful Peer Reviews – Part 3
When it comes to “delivering quality audits that result in successful peer reviews”, there are strategies that firms should consider – including around risk assessment.…
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Successful Peer Reviews – Part 2
When it comes to “delivering quality audits that result in successful peer review”, there are strategies that firms should consider. We made that statement at…
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