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 …
After Jarkesy, Three Auditor Suits Test the PCAOB’s Enforcement Powers
The PCAOB is facing the most concerted attack in years on its enforcement powers through a trio of lawsuits that …
With Time Running Out, SEC Quickly Seeks to Consider Approving PCAOB’s Audit Firm Transparency Rules
With the clock ticking with administration change next year, observers are closely watching when or if the Securities and Exchange …
PCAOB Approves 2025 Budget
The Public Company Accounting Oversight Board (PCAOB) on November 21, 2024, voted 4-1 to approve its 2025 budget of $399.7 …
PCAOB Adopts Auditor Performance Metrics, Increased Firm Reporting Rules
The Public Company Accounting Oversight Board (PCAOB) on November 21, 2024, adopted two separate but related rules intended to increase …
PCAOB Sets Aside Noncompliance With Laws and Regulations for Now, Will Finalize Rules to Increase Auditor Transparency
The Public Company Accounting Oversight Board (PCAOB) will no longer consider finalizing its controversial standard-setting project on the auditor’s consideration …
PCAOB Revises Deregistration Rule, Punts on Planned Ban on Misleading Statement About Board Oversight
The Public Company Accounting Oversight Board (PCAOB) on November 14, 2024, voted unanimously to adopt a portion of a proposing …
Despite Election Results, PCAOB to Press Ahead With Noncompliance With Laws and Regulations
Despite coming administration change in early 2025, the Public Company Accounting Oversight Board (PCAOB) plans to press ahead with its …
PCAOB Chair Williams Criticizes Restatements as Indicator of Audit Quality
Public Company Accounting Oversight Board (PCAOB) Chair Erica Williams disputed arguments that the number of financial restatements is a good …
SEC Chair Gensler Praises Current PCAOB Members, Criticizes Past Boards
Securities and Exchange Commission (SEC) Chair Gary Gensler last week said that the Public Company Accounting Oversight Board (PCAOB) has …