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NFRA sets up advisory committee on audit quality and technology
1+ week, 1+ day ago (217+ words) NFRA has set up a nine-member advisory committee comprising experts from auditing, finance, regulation, technology and industry to advise on audit quality, assurance, emerging risks and technology-related issues. National Financial Reporting Authority (NFRA) has set up a nine-member advisory committee…...
NFRA sets up advisory panel on audit quality, assurance, technology
1+ week, 1+ day ago (10+ words) ...
FASB Proposes Codification Improvements
1+ week, 3+ day ago (280+ words) Home > Accounting Standards The proposed ASU is part of the board’s technical agenda project to make incremental improvements to U.S. GAAP. “This evergreen project facilitates Codification updates for a broad range of Topics arising from technical corrections, unintended application of…...
Accounting Board Newcomer Prioritizes Streamlining US Guidance
1+ week, 5+ day ago (712+ words) The US accounting board’s newest member says she will prioritize corporate and investor feedback as the rulewriter takes up some of the most pressing topics in financial reporting, from crytocurrency to private credit. Nearly two months into her tenure on…...
MoCI reinforces auditing profession standards and requirements through regulations
2+ week, 4+ day ago (242+ words) Doha, Qatar: Minister of Commerce and Industry HE Sheikh Faisal bin Thani bin Faisal Al-Thani issued on Tuesday Ministerial Decision No. 56 of 2026 on the Executive Regulations of the Law Regulating the Auditing Profession, reinforcing the organization of the profession and…...
US Audit Board Floats Framework for Quality Inspections Overhaul
2+ week, 5+ day ago (110+ words) news.bloombergtax.com The US audit board on Monday offered a preview of possible changes to its public inspection reports that detail quality lapses of individual firms based in the US and around the globe. The report mock-up was packed…...
AICPA Auditing Board OKs New Standard Clarifying Auditors' Role in Detecting Fraud
3+ week, 2+ day ago (304+ words) A new standard that clarifies and enhances auditors’ responsibilities for identifying fraud or suspected fraud in a financial audit statement was approved by the American Institute of CPAs’ Auditing Standards Board on Aug. 20. The ASB’s adoption of Statement on Auditing…...