Are auditors getting better at their jobs?
Audit deficiencies were down to 23% from 38% in 2024, per PCAOB.
Discover the latest news, insights, and expert analysis on audit quality for finance leaders. Stay ahead with in-depth reporting and strategic guidance for the modern CFO.
Audit deficiencies were down to 23% from 38% in 2024, per PCAOB.
Deficiencies dropped to 39% from 46% in 2023.
An industry study says they’ll likely go up.
The “apprenticeship culture” in audit firms has been weakened, a PCAOB study finds.
Layoffs come despite doubling revenue growth and plans to expand its audit business.
PwC calls its audit of real estate firm “below the standards we expect.”
The tougher audit standard requires firms to address quality control risks.
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