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By the numbers: Class actions, SEC audit clients and more

Accounting Today

The latest data on new SEC audit client engagements for 2024 and the number of accounting-related securities class actions.

Auditing 182
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Broker-dealer audit deficiency rates remain high

Accounting Today

EDT 1 Min Read Facebook Twitter LinkedIn Email The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements for auditors of broker-dealers. Finally, audit engagement deficiencies increased across all firms.

Auditing 147
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IAASB releases handbook for int'l audits

Accounting Today

The International Auditing and Assurance Standards Board 2023-2024 Handbook includes ISA 600 and ISA for LCE.

Auditing 275
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Is your firm overpaying for external hires?

Accounting Today

My firms compensation data, collected in 2024 and 2025, shows that accounting firms paid 7% more to bring in outside senior analysts in tax and audit than they paid internal staff in the same positions. With accounting talent in short supply, many firms are paying a premium for external hires instead of promoting their internal talent.

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State sales tax changes could mean more audits

Accounting Today

Businesses are likely to see more sales tax audits in 2024 as a result of changes happening across the states, according to a new report.

Auditing 306
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Mississippi, Texas storm victims get tax relief

Accounting Today

It also applies to 2024 contributions to IRAs and health savings accounts for eligible taxpayers and to estimated tax payments normally due on April 15, June 16 and Sept. The current list of eligible localities is on the IRS Tax Relief in Disaster Situations page.)

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Tax Fraud Blotter: Boundless energy

Accounting Today

1, 2024; and CPA Walter W. 20, 2024, and attorney Jason M. 10, 2024, and attorney Catherine E. 14, 2024, and CPA George O. 4, 2024; Enrolled Agent John A. Klein, in New City, New York, (effective July 22, 2024). Fulton, Agoura Hills, indefinite from March 18, 2025; CPA Mark L. Connecticut: Attorney Scott M.

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