Public accounting firms love to land new audit clients and keep their current audit clients happy. After all, acquiring new business and retaining it is the key to growth. But revenue growth can cause ...

The Federal Aviation Administration said the agency’s 737 MAX production audit into Boeing and supplier Spirit AeroSystems found multiple instances where the companies allegedly failed to comply with ...

Quality auditing is the examination of an organization's quality control systems. The independent auditor examines how well a company ensures the quality of its products and services, and makes a ...

An FAA audit of Boeing and Boeing supplier Spirit AeroSystems found multiple instances in which the companies failed to comply with quality-control standards on the 737 Max 9 production line. Photo ...

The regulator has said it intends to place greater weight on oversight of firms’ internal quality and control systems.

Question: What is the time frame requirement with regard to post-closing quality control (QC) audits? In short, when must they be completed? Answer: HUD and VA require that FHA and VA loans be ...

After a six-week audit of Boeing, federal regulators say they found quality control problems at Boeing and Spirit AeroSystems, one of its top suppliers. The Federal Aviation Administration says it ...

To help small and midsized accounting firms cope better with implementing international auditing standards, the International Federation of Accountants has published a “Guide to Quality Control for ...

Peer reviews improve the quality of services that firms and individuals provide by ensuring auditors comply with professional standards when designing systems of quality control and performing their ...

The Public Company Accounting Oversight Board has released expanded versions of two of its inspections reports of KPMG LLP after the firm failed to address quality control issues to the board’s ...

An audit by U.S. regulators in response to a midflight Alaska Air incident in January found that Boeing BA0.94%increase; green up pointing triangle allegedly failed to comply with quality-control ...

Boeing workers at the Renton Municipal Airport in Washington finalize assembly of an Alaska Airlines Boeing 737 Max jet on Feb. 27. (Jovelle Tamayo for NPR) WASHINGTON — After a six-week audit of ...