Vatican Suspends Auditing Contract with PwC

The Vatican’s Holy See has suspended its contract with PricewaterhouseCoopers but stressed that the suspension is not due to problems with PwC’s work.

GAO Signs Deal with USAID to Improve Audits in Developing World

To improve accountability around the world, representatives of the U.S. Government Accountability Office’s Center for Audit Excellence and the U.S. Agency for International Development signed a memorandum of understanding on Monday to set up a framework for collaboration on training and technical assistance efforts.

Auditing in China

Drew Bernstein of Marcum Bernstein & Pinchuk discusses the challenges and benefits of auditing companies in China in this video.

PCAOB Warns Auditors against Improperly Altering Documents

The Public Company Accounting Oversight Board has published an alert describing concerns from the PCAOB staff about auditors improperly altering audit documentation in connection with a PCAOB inspection or investigation.

PCAOB Previews Audit Firm Inspection Results

The Public Company Accounting Oversight Board released two preliminary reports Tuesday offering previews of its 2015 inspections of firms that audit publicly traded companies and broker-dealers.

AICPA Debuts Benefit Plan Audit and Single Audit Certificate Programs

The American Institute of CPAs has begun offering intermediate and advanced certificates to CPAs who perform “single audits” of governmental entities and grantees and audits of employee benefit plans.

The Challenges of Auditing Abroad

Drew Bernstein of Marcum Bernstein & Pinchuk explains the challenges of auditing in emerging markets like China.

PCAOB Votes to Propose New Rules on Audit Firms' Use of Other Firms

The Public Company Accounting Oversight Board has voted to propose amending the auditing standards on an audit firm’s use of other audit firms and to propose a new auditing standard.

IIA Opens Specialty Center for EHS Auditors

The Institute of Internal Auditors has introduced an Environmental, Health & Safety Audit Center to highlight the growing role of EHS auditors in corporate governance.

PCAOB Mulls New Requirements for Auditor’s Use of Other Auditors

The Public Company Accounting Oversight Board is considering proposing new requirements for an auditor’s use of other auditors.