The PCAOB has moved two standard-setting projects to the front burner. A project on firm and engagement performance metrics and one on substantive analytical procedures have been moved to the board’s ...

Analytical procedures help the auditor note any obvious discrepancies or errors before performing tests of details. However, these procedures do not provide any significant assurance for the ...

The new Thermo Scientific Lab Execution System (LES) gives them complete control over their methods and standard operating procedures (SOPs). It can b ...