PCAOB Fines WithumSmith+Brown $2M for Widespread Quality Control Failures in SPAC Audits
The PCAOB on February 21, 2024, said WithumSmith+Brown, PC was fined $2 million for widespread failures to comply with board …
The PCAOB on February 21, 2024, said WithumSmith+Brown, PC was fined $2 million for widespread failures to comply with board …
The next four years will be much harder for accounting firms than the past four, and many are going to …
Many public company external auditors who were subject of SEC or PCAOB enforcement actions between 2003 and 2019 did not …
As part of the Public Company Accounting Oversight Board’s (PCAOB) efforts to enhance its audit inspections program under the leadership …
The Securities and Exchange Commission (SEC) by a vote of 3 to 2 on December 13, 2023, decided to approve …
The SEC has scheduled a meeting for December 13, 2023, to consider approving the PCAOB’s 2024 budget of $384.7 million, …
The SEC has approved the PCAOB’s new standard that modernizes the auditor’s confirmation process, stating that it is “necessary or …
A year after the US Public Company Accounting Oversight Board (PCAOB) was able to inspect Chinese and Hong Kong audit …
The Public Company Accounting Oversight Board (PCAOB) on November 16, 2023, voted unanimously to approve its 2024 budget of $384.7 …
Some of the key players in the auditing profession are already gearing up for a potential standard-setting fight on the …