US Audit Board Proposal Would Preserve Quality and Ease Burdens

Opinion: The PCAOB's latest proposal represents a practical effort to strengthen audit quality while reducing implementation ...
Accounting Today

PCAOB chair plans to overhaul inspections

Demetrios Logothetis outlined his plans for revamping the PCAOB's audit firm inspection program and its new quality control ...
Accounting Today

Quality Control Tips for Small, Midsized Audit Firms

To help small and midsized accounting firms cope better with implementing international auditing standards, the International Federation of Accountants has published a “Guide to Quality Control for ...
JournalofAccountancy

Peer review findings in audits of not-for-profits: What auditors need to know

Peer reviews improve the quality of services that firms and individuals provide by ensuring auditors comply with professional standards when designing systems of quality control and performing their ...
New York Post

FAA audit finds Boeing quality control problems, ‘non-compliance issues’ after Alaska Airlines blowout

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 ...
Houston Chronicle

Quality Assurance Vs. Audit

The concepts of quality assurance and audits are two distinct ideas that serve the same purpose: improving quality, consistency and reliability in operations. Quality assurance is more of an abstract ...
Seattle Times

Shortcoming in Boeing quality-control audit draws scrutiny from inspectors, FAA

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 ...
JD Supra

In Split Decision, SEC Approves New Audit Quality Control Standard QC 1000

On September 9, 2024, three of the SEC’s five Commissioners voted to approve the new PCAOB Quality Control Standard QC 1000 A Firm’s System of Quality Control. The new standard will substantially ...
Compliance Week

PCAOB Explains Views on Audit Quality Control

Audit regulators are getting more specific with audit firms about what they expect in improvements to quality control systems that would enable firms to keep criticisms of those systems out of public ...
The New York Times

F.A.A. Audit Finds Quality-Control Lapses at Boeing and Spirit AeroSystems

The regulator said the audit found instances in which Boeing and one of its key suppliers did not properly adhere to quality-control requirements. By Mark Walker Reporting from Washington The Federal ...
Fox Business

FAA audit hits Boeing 737 Max production over quality control issues

The Federal Aviation Administration (FAA) on Monday said its production audit of Boeing 737 Max manufacturing processes and its supplier Spirit AeroSystems found multiple cases in which the companies ...