Member Ho Gives PCAOB a Bad Grade
Public Company Accounting Oversight Board (PCAOB) member Christina Ho said she is giving the board “a low grade” for standard-setting …
PCAOB Criticizes EY for Quality Control Issues Third Time in a Row; Finds Deficiencies at 4 Small Firms
The Public Company Accounting Oversight Board (PCAOB) criticized Ernst & Young LLP for failing to address quality control (QC) problems …
PCAOB Enforcement Higher During Biden Years Than Trump’s First Term – Report
In a new report, Cornerstone Research said Public Company Accounting Oversight Board (PCAOB) enforcement activities were higher during the Biden …
In a Win for Audit Firms, PCAOB Withdraws Transparency Rules
In a move that aligns with President Trump’s deregulatory agenda, the Public Company Accounting Oversight Board (PCAOB) on February 11, …
PCAOB Criticizes Deloitte, Grant Thornton for Quality Control Issues for Fourth Year in a Row; Flags Deficiencies at 16 Firms
The Public Company Accounting Oversight Board (PCAOB) has criticized Deloitte & Touche LLP and Grant Thornton LLP for failing to …
PCAOB Staff Is Making Rapid Progress on Subsequent Events Project
The Public Company Accounting Oversight Board (PCAOB) staff has been making progress on a mid-term standard-setting project related to subsequent …
PCAOB Investor Panel Calls for Better Critical Audit Matters; Will Seek Nominations for Best Disclosures
The Public Company Accounting Oversight Board (PCAOB) Investor Advisory Group (IAG) will again ask the public to nominate the most …
Texas Audit Firm’s PCAOB Challenge Is Dismissed Following the Closing of Investigation
A federal judge on January 7, 2025, dismissed a Texas audit firm’s lawsuit against the Public Company Accounting Oversight Board …
SEC Faces Dueling Requests From Auditors, Investors on PCAOB Rules Increasing Transparency
In comment letters, the accounting profession asked the Securities and Exchange Commission (SEC) to reject the Public Company Accounting Oversight …
PCAOB Chair: Inspectors Are Seeing ‘Significant Improvements’ in Audits by Largest Firms
Following troubling increase in audit deficiency rates in the past few years, Public Company Accounting Oversight Board (PCAOB) Chair Erica …