House Panel Revisits Sarbanes-Oxley as Smaller Companies Cite Rising Burdens
As Republican lawmakers seek to reduce compliance burdens for public companies, Section 404(b) of the Sarbanes-Oxley Act of 2002 was …
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 …
PCAOB Elimination Plan Flies Into ‘Byrd Rule’ Wall in Senate
The Senate parliamentarian has deemed a Republican proposal to fold the PCAOB into the SEC to be subject to the …
European Audit Regulators Warn: Eliminating PCAOB Will Have Adverse Consequences
A panel of European audit firm regulators has warned that eliminating the U.S. Public Company Accounting Oversight Board (PCAOB) will …
Board Member Ho: Eliminating PCAOB May Have Positive Outcomes
Public Company Accounting Oversight Board (PCAOB) member Christina Ho, speaking at a conference last week, highlighted that a legislative proposal …
SEC Staff Preparing In Case PCAOB Is Eliminated
The Securities and Exchange Commission (SEC) staff is preparing to assume the responsibilities of the Public Company Accounting Oversight Board …
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 …
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 …
Chair Atkins: SEC ‘Could Handle’ PCAOB’s Work
New Securities and Exchange Commission (SEC) Chair Paul Atkins said that the commission would be able to oversee public company …