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AICPA proposes changes in quality management standards

The American Institute of CPAs is proposing to revise its quality management standards to take a more risk-based approach targeted at the types of engagements performed by the CPA firm.

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IAASB releases audit quality management standards

The International Auditing and Assurance Standards Board has issued a set of three revised standards aimed at improving quality management for auditors across the globe.

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PCAOB adjusts plans for coronavirus

The board has been making changes to its strategic plans and agenda in response to the pandemic as it sees auditors doing more work remotely.

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PCAOB board member blasts agenda change

J. Robert Brown criticized recent moves by the Public Company Accounting Oversight Board to strip down its research and standard-setting agendas without proper consultation.

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PCAOB prohibits Marcum from doing China audits

The Public Company Accounting Oversight Board imposed a $250,000 penalty on Marcum LLP and its Marcum Bernstein Pinchuk unit over audits of Chinese companies.

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