PCAOB Proposes Rollbacks to Quality Control Standard Amid Audit Firm Pushback
In a nod to audit firms’ criticisms that the Public Company Accounting Oversight Board’s (PCAOB) new quality control standard (QC) …
US Regulator Fines Dutch Affiliates of Deloitte, EY, PwC $8.5M for Widespread Exam Cheating
The U.S. Public Company Accounting Oversight Board (PCAOB) fined the Netherlands affiliates of Deloitte, Ernst & Young, and PricewaterhouseCoopers a …
Former Regulators, Academics Say Provision to Eliminate PCAOB Violates ‘Byrd Rule’
Dozens of former regulators and academics are urging senators to oppose a provision in a budget reconciliation bill that would …
Commissioner Peirce Explores Coming Shifts in SEC Priorities
At a Washington conference, Securities and Exchange Commission (SEC) Commissioner Hester Peirce said that under Chair Paul Atkins, the commission …
Audit Committee Chairs Expect Clear, Open Communications From Auditors–PCAOB Report
During discussions with external auditors, public company audit committee chairs focus significantly on factors affecting their relationships, such as communication, …
PCAOB to Form Smaller Firm Resource Group to Advise Staff
As the Public Company Accounting Oversight Board (PCAOB) focuses on the implementation of new standards and rules adopted in the …
Board Member Ho Advocates for Reforms at PCAOB
As Congress considers consolidating the Public Company Accounting Oversight Board’s (PCAOB) functions into the Securities and Exchange Commission (SEC), board …
Former Board Members Speak out Against Legislative Effort to Eliminate PCAOB
Alarmed that the House of Representatives is considering eliminating the Public Company Accounting Oversight Board (PCAOB) as part of a …
PCAOB’s Investor Panel Seeks Nominations for Best Critical Audit Matters
For the second year, the Public Company Accounting Oversight Board (PCAOB) Investor Advisory Group (IAG) is asking the public to send in …
With Court-Based Practice Bar, the SEC Stakes out New Ground in Accounting Enforcement
When the SEC in September 2024 charged Olayinka Oyebola for his alleged role in enabling a massive fraud by Nigerian …