SEC Seeks Candidates to Serve as PCAOB Member
The Securities and Exchange Commission on Feb. 7, 2023, said that it is seeking candidates to serve as a board …
Senate Democrats Push for PCAOB Inspection of Audits of Crypto Firms Acting as Broker-Dealers
Two Senate Democrats on Jan. 25, 2023, pressed PCAOB Chair Erica Williams on whether the board will inspect auditors of …
Congress Passes Bill to Fund Government, Turns Up Pressure on Chinese Auditors
Congress on Dec. 23, 2022, passed a $1.66 trillion government spending bill and avoided a partial government shutdown. And included is a …
SEC Commissioner Hester Peirce Criticizes PCAOB’s ‘Ballooning’ Budget
Securities and Exchange Commissioner Hester Peirce in a statement criticized what she sees as the Public Company Accounting Oversight Board’s …
PCAOB Issues Second Proposal to Modernize Rules on Audit Confirmation Process
More than a dozen years after the Public Company Accounting Oversight Board (PCAOB) issued a rule proposal on audit confirmations, …
With a New Sheriff in Town, Experts Weigh in on Strengthened PCAOB Enforcement
One of the Public Company Accounting Oversight Board’s (PCAOB) new strategic goals under Chair Erica Williams’s leadership is to step …
Audit Deficiencies Increased, 2021 PCAOB Inspections Find
The Public Company Accounting Oversight Board (PCAOB) said that accounting firms should do a better job of auditing their clients’ …
Auditor Independence is Currently Not on SEC Rulemaking Agenda, Senior Official Says
During a speech in July, Securities and Exchange Commission Chair Gary Gensler said that the commission and the PCAOB should …
U.S. Audit Regulator Sanctions Three Foreign KPMG Affiliates
The U.S. Public Company Accounting Oversight Board (PCAOB) on Dec. 6, 2022, said that three firms and four individuals affiliated …
Chair Williams Says PCAOB Has No Authority to Inspect Audits of FTX
Public Company Accounting Oversight Board Chair Erica Williams set the record straight about the board’s audit inspection program, with questions …