Advisory Panel Discusses Ideas to Increase Transparency of Audit and PCAOB Inspection
During a meeting of the PCAOB’s Investor Advisory Group (IAG), a subcommittee of the panel discussed a set of 11 …
Reporter’s Note: a Chat with PCAOB Chair at Investor Panel Meeting
Thomson Reuters had an opportunity to have a quick interview with Public Company Accounting Oversight Board (PCAOB) Chair Erica Williams …
PCAOB Proposes Revised Audit Requirements for Non-Compliance with Laws and Regulations
The Public Company Accounting Oversight Board (PCAOB) on June 6, 2023, voted 3 to 2 to issue a proposal that …
SEC’s Top Accountant Emphasizes Auditor’s Role in Detecting Corporate Fraud
At a financial reporting conference, SEC Chief Accountant Paul Munter reminded auditors about their responsibility regarding corporate fraud because, among …
Commissioner Uyeda: ‘Accounting violations is a focus for the SEC’
SEC Commissioner Mark Uyeda, during a speech in London, said that both commission and the PCAOB have brought more charges …
Senior PCAOB Enforcement Official Gives Tips When Auditors Face Investigations
At a conference about accountants’ liability, William Ryan, a deputy director in the PCAOB’s Division of Enforcement and Investigations (DEI), …
PCAOB Moves Project on Audit Quality Indicators to Standard-Setting Agenda
The Public Company Accounting Oversight Board (PCAOB) will consider issuing a proposal on key audit quality indicators (AQIs) in the …
U.S. Inspections Show ‘Unacceptable Rates’ of Problems in Chinese and Hong Kong Audit Firms
The U.S. Public Company Accounting Oversight Board on May 10, 2023, issued long awaited audit inspection reports on two affiliates …
Study Finds Negative Impact on Audit Partners who Give Adverse Internal Control Opinions
As regulators review audit independence requirements to figure out whether the rules should be changed in order to promote auditor …
U.S. Audit Regulator Asks Court to Dismiss Suit by Accountant Challenging Disciplinary Proceedings
The U.S. Public Company Accounting Oversight Board (PCAOB) on April 14, 2023, filed a motion to dismiss a lawsuit brought …