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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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PCAOB unveils inspection reports on major firms

The Public Company Accounting Oversight Board released its annual inspection reports Tuesday for the Big Four firms, along with eight other firms that are inspected each year.

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PwC reports improvement in audit quality

PricewaterhouseCoopers released an update Tuesday to its annual audit quality report for the firm, pointing to improvements on inspection results from the Public Company Accounting Oversight Board.

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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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