CFO Dive

OCTOBER 19, 2022

The fine is the largest civil penalty levied against an individual by the federal audit watchdog since it was established in 2002.

Auditing 286

Auditing 286

CFO Dive

MARCH 20, 2023

The shortage of workers with the core accounting skills needed to staff audits is making audit failures more likely, Hofstra University’s Jack Castonguay says.

Auditing 269

Auditing Accounting 269

CFO Dive

SEPTEMBER 26, 2023

As regulators worldwide begin to mandate ESG disclosures, only 25% of companies are ready for audits of their reports, KPMG said.

Auditing 292

Auditing 292

CFO Dive

MAY 13, 2024

audit watchdog updated standards created two decades ago and aligned regulation with changes in technology.

Auditing 285

Auditing Technology 285

CFO Dive

JANUARY 13, 2023

Audit committees are taking on more responsibilities as the SEC writes several rules requiring more detailed corporate disclosure.

Auditing 258

Auditing 258

CFO Dive

AUGUST 16, 2022

SEC Chair Gary Gensler hailed efforts to avert significant errors in audits by multiple firms, including mistakes in the calculation of revenue and measurement of fair value.

Auditing 280

Auditing 280

CFO Dive

NOVEMBER 9, 2023

GenAI isn’t likely to replace accountants any time soon — but firms like Deloitte are already integrating it into their accounting and audit practices.

Auditing 294

Auditing Accounting 294

CFO Dive

DECEMBER 11, 2023

Veradigm appointed an interim CEO and CFO as it struggles to course correct in the midst of an ongoing audit and a shareholder complaint alleging it artificially inflated revenues for a two-year period.

Auditing 286

Auditing CFO 286

CFO Dive

MARCH 28, 2023

The audit watchdog aims to update and unify interim standards created 20 years ago, aligning its rules with new independence requirements and advances in technology.

Auditing 258

Auditing Technology 258

CFO Dive

NOVEMBER 29, 2022

Chief audit executives struggle to fend off ransomware attacks as the tight labor market leaves them understaffed.

Auditing 278

Auditing Marketing 278

CFO Dive

APRIL 10, 2023

The new SVB shareholder lawsuit shines a light on KPMG’s February audit that effectively gave the bank a clean bill of health about two weeks before its collapse.

Auditing 258

Auditing Banking 258

CFO Dive

APRIL 29, 2024

Companies hiring for internal audit need to prepare for disruption from new technology such as artificial intelligence and robotic process automation, IIA said.

Auditing 284

Auditing Accounting Technology 284

CFO News

MARCH 24, 2025

Amid an ongoing debate over whether CMA and CS should be included as accountants in the new Income Tax Bill and allowed to conduct tax audits a role currently reserved for Cas the Lok Sabha's Select Committee has likely tasked EY with reviewing the curriculums of these professional courses.

Auditing 111

Auditing Accounting 111

CFO Dive

APRIL 20, 2023

The criticism of SPAC audits follows a surge in restatements by the so-called blank-check companies.

Auditing 258

Auditing 258

CFO Dive

APRIL 28, 2023

Audit firms face a conflict between sustaining income from client fees and their legal obligation to identify weaknesses in a client’s internal controls, researchers said.

Auditing 258

Auditing 258

CFO Dive

OCTOBER 5, 2022

The watchdog for the firms that audit publicly-traded companies has intensified supervision in 2022, with plans to sharpen penalties against rule-breakers.

Auditing 246

Auditing Planning 246

CFO Dive

JULY 28, 2023

The SEC’s chief accountant called out the practice by which some crypto companies pay for less “precise” reviews of their business that they misrepresent to investors as audits.

Auditing 240

Auditing Accounting 240

The Charity CFO

APRIL 2, 2025

When it comes to Federal Single Audits , nonprofits often make costly mistakes that lead to compliance issues, financial weaknesses, and material deficiencies. Below, we break down the top audit findings and what nonprofits need to know to stay compliant. Make sure your documentation is complete.

Auditing 82

Auditing Nonprofit Compliance CFO 82

CFO Dive

AUGUST 16, 2023

The firm violated Public Company Accounting Oversight Board standards in connection with an audit of music streaming business Akazoo, the SEC found.

Auditing 246

Auditing Accounting 246

E78 Partners

NOVEMBER 12, 2024

Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.

Auditing 59

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 59

CFO Dive

AUGUST 23, 2024

Internal auditors are joining the CFO as strategic business leaders, according to a Protiviti report.

CFO 300

CFO Auditing 300

CFO Dive

JANUARY 18, 2024

A barrage of business risks may intensify this year, and audit committees need to help C-suite executives limit potential losses and seize opportunities, EY said.

Auditing 207

Auditing 207

CFO Dive

NOVEMBER 21, 2024

CFOs are keeping their focus on finding AI tools with “some good bit of traceability” in the face of a rising tide of potential vendors, Visual Lease’s Amie Durr said.

Auditing 321

Auditing 321

CFO Dive

JANUARY 26, 2022

To the extent CFOs support the committees, they could be called on to help find experts to join, or present to, members who are tasked with preventing a damaging breach.

Auditing 292

Auditing 292

CFO Dive

OCTOBER 29, 2024

The Big Four accounting and consulting firm is interested in becoming a leader in the emerging AI agent space.

Auditing 271

Auditing Accounting 271

CFO Dive

AUGUST 16, 2024

Inspections of nearly half of the firms’ engagements reviewed by the PCAOB revealed evidence that the auditor failed to obtain enough evidence to support its opinion.

Auditing 290

Auditing 290

CFO Dive

NOVEMBER 18, 2024

Nearly four out of five investors said boards should demonstrate expertise in climate, cybersecurity and other risks by detailing their work to limit such hazards, EY said.

Auditing 285

Auditing 285

CFO Dive

JULY 7, 2023

CFOs can help to champion internal auditors when it comes to assessments of company culture, which can help boost long-term performance.

Auditing 285

Auditing 285

CFO News

APRIL 22, 2025

NFRA's latest audit inspections reveal critical flaws in Indias top audit firms, including compromised auditor independence, poor documentation, and inadequate scrutiny of related party transactions. Here are complete details of what is wrong with Indias auditing and audit firms and what firms are doing to overcome lapses.

Auditing 63

Auditing 63

E78 Partners

NOVEMBER 19, 2024

Audit season presents a set of unique challenges for private equity-backed companies, particularly those that must balance the expectations of investors with the demands of compliance. Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards.

Auditing 52

Auditing GAAP Restructuring Compliance 52

CFO Dive

FEBRUARY 1, 2022

Delays mean companies can face hurdles raising capital, securing financing or making financials available to buyers interested in an acquisition.

Auditing 258

Auditing Securities Finance 258

CFO Dive

DECEMBER 8, 2022

To avert flaws in reports, CFOs should keep auditors apprised of any big changes or new business risks and invest in internal controls.

Auditing 257

Auditing Investments 257

CFO Dive

MAY 15, 2023

As generative AI continues to develop swiftly, PwC is betting big on its potential for transformation.

Auditing 248

Auditing 248

CFO News

APRIL 9, 2025

NFRA has called for stronger scrutiny and transparency in related party transactions (RPTs) through its latest Auditor-Audit Committee Interaction Series. The report highlights critical risks, urging auditors, audit committees, and management to ensure compliance and prevent fraud. Heres what the audit regulator said.

Auditing 65

Auditing Compliance 65

CFO Dive

DECEMBER 15, 2022

The PCAOB’s push for more transparency in China-based companies will enable CFOs and auditors who heavily rely on Chinese firms to better understand their partners’ operations.

Auditing 258

Auditing 258