All BDO USA articles
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ArticleStudy: Big Four audit hold still strong despite 2021 dip
The Big Four’s dominance on the public company audit market remains despite a slight dip in numbers in the last year, according to the latest research from Audit Analytics.
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ArticleBDO shows improvement in latest PCAOB inspection
The PCAOB says it found fault with 39 percent of the audits inspected at BDO USA in 2017 – the firm’s first time with a deficiency rate below 50 percent since 2011.
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Article
CAQ governing board elects new leadership
The governing board of the Center for Audit Quality (CAQ) has elected EY’s Kelly Grier and BDO’s Wayne Berson as its chair and vice chair, respectively.
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ArticleRegulators globally still call for better audits
While encouraged by the trend in audit inspection results, global audit regulators report they are still seeing levels of audit deficiency that command continued focus on improvement.
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ArticleTax leaders look to retool compliance to cope with change
Overwhelmed by an onslaught of requirements, data, and technology, tax departments are beginning to look for new ways to achieve compliance.
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ArticleCharts: Exclusive analysis of audit inspection reports
See how the big accounting firms compare in terms of audit deficiency rates for 2009 through 2016 and internal control deficiencies for 2016 based on PCAOB inspection report results.
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ArticleHow audit firms are polishing their images
Audit deficiencies are just part of the picture when it comes to the reputational damage suffered by nearly every big firm. Jaclyn Jaeger looks at how the big audit firms are tackling bad marks from the PCAOB.
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Blog
BDO acquires Global Trade Strategies, Lootok
Accounting and advisory firm BDO USA announced the separate acquisitions of customs and international trade regulation consulting firm Global Trade Strategies and crisis management company Lootok.
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Blog
BDO survey: Boards strive to keep pace with digital transformation
Digital transformation initiatives are making their way to the top of boardroom agendas, according to findings from a new cyber-governance survey.
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Blog
SEC, PCAOB discipline ex-auditors at BDO, Deloitte
Two new enforcement actions give audit committees some textbook reminders to keep tabs on auditors regarding their compliance with professional standards.
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Article
Companies launch year-end push to new lease rules
The Q4 dash to new lease accounting is on, and it’s looking like some companies will not flip the switch to new systems by the Jan. 1 effective date.
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Blog
PCAOB calls out two-thirds of audits at BDO USA
The PCAOB has handed BDO USA another scathing inspection report, finding 67 percent of the audits examined in 2016 failed to comply with standards.
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Blog
Tax reform enthusiasm is waning, BDO poll says
As the true effects of tax reform unfold, enthusiasm is waning in corporate boardrooms, according to a recent poll.
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Blog
BDO 2015 report shows more restatements, withdrawn opinions
Roughly half the audits inspected at BDO USA contained deficiencies in 2015, several serious enough to result in restatements and withdrawn ICFR opinions.
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Blog
PCAOB Admonishes BDO USA for Quality Control Lapses
The PCAOB has republished BDO USA’s 2011 and 2012 inspection reports to criticize the firm’s inadequate response to inspection findings in those years around audit quality control problems. The inspectors found too many cases where auditors accepted management representations without appropriately considering contradictory evidence, contributing to many of the audit ...
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Blog
BDO USA, Crowe Horwath Get Varied PCAOB Inspection Results
The Public Company Accounting Oversight Board published inspection findings for two major firms, giving them much different marks for their 2013 audit work. At BDO USA, inspectors found deficiencies in 15 of 23 audit files, a 55 percent increase in problems from 2012. At Crowe Horwath inspectors checked only 13 ...