PCAOB Staff Is Making Rapid Progress on Subsequent Events Project
The Public Company Accounting Oversight Board (PCAOB) staff has been making progress on a mid-term standard-setting project related to subsequent …
PCAOB Investor Panel Calls for Better Critical Audit Matters; Will Seek Nominations for Best Disclosures
The Public Company Accounting Oversight Board (PCAOB) Investor Advisory Group (IAG) will again ask the public to nominate the most …
Texas Audit Firm’s PCAOB Challenge Is Dismissed Following the Closing of Investigation
A federal judge on January 7, 2025, dismissed a Texas audit firm’s lawsuit against the Public Company Accounting Oversight Board …
SEC Faces Dueling Requests From Auditors, Investors on PCAOB Rules Increasing Transparency
In comment letters, the accounting profession asked the Securities and Exchange Commission (SEC) to reject the Public Company Accounting Oversight …
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 …