Public accounting firms love to land new audit clients and keep their current audit clients happy. After all, acquiring new business and retaining it is the key to growth. But revenue growth can cause ...

Following these tips can help maintain an audit quality-control system that holds your firm to professional standards and aids in delivery of a top-notch product to clients, experts say. Focus on the ...

The Public Company Accounting Oversight Board has proposed a set of significant changes in the requirements for auditing firms' quality control systems, in a major update from the earlier standards in ...

Quality inspectors at Boeing, angry at management’s plan to streamline and automate some quality-control processes with fewer inspectors overseeing the work of mechanics, point to a recent ...

The Public Accounting Oversight Board issued a concept release last month proposing a significant overhaul to the quality control rules. The proposed changes could have the potential for expanding ...

Question: What is the time frame requirement with regard to post-closing quality control (QC) audits? In short, when must they be completed? Answer: HUD and VA require that FHA and VA loans be ...

The Federal Aviation Administration said the agency’s 737 MAX production audit into Boeing and supplier Spirit AeroSystems found multiple instances where the companies allegedly failed to comply with ...

Big data, you might say, brings big challenges. Think of the time consumed capturing the right data from multiple systems across disparate databases. Then factor in the absolute explosion of data ...

Quality. We all have a few ideas that come to mind when we look for quality. More than likely, you’re envisioning your favorite brand of jeans, one restaurant where the food always tastes just right, ...

An FAA audit of Boeing and Boeing supplier Spirit AeroSystems found multiple instances in which the companies failed to comply with quality-control standards on the 737 Max 9 production line. Photo ...

Lest you think that nothing came of Toyota's unprecedented vehicle recall earlier this year, the Japanese automaker has revealed that it's been auditing its suppliers for quality and, unsurprisingly, ...