The Public Company Accounting Oversight Board released a group of inspection reports Wednesday for the Big Four and other major firms, showing mixed results on auditing quality, with Ernst & Young ...

The board released its latest inspection reports on Deloitte & Touche, PricewaterhouseCoopers, KPMG and Ernst & Young, plus BDO USA and Grant Thornton.

Leveraging control testing in audits In the last segment of the broadcast, Lyn Graham, a former ASB member, made the case for increased reliance on control testing to improve audit efficiency.

Research documents significant management bias and opportunism around the discretionary inputs of audited complex estimates, including fair value measurements (FVMs), which raises questions about ...