SEC Reappoints PCAOB Chair Williams For Second Term
The Securities and Exchange Commission (SEC) on June 11, 2024, said Erica Williams was appointed to a second term as …
PCAOB Removes Low-Priority Project From Rulemaking Agenda
One year after the Public Company Accounting Oversight Board (PCAOB) added Follow-on Disciplinary Proceedings to its rulemaking agenda, the project …
Existing PCAOB Standards Can be Used For SEC’s Climate Disclosure Rule, Board Chair Says
Leaders of the Public Company Accounting Oversight Board (PCAOB) said that the board’s existing standards and rules can be used …
In Unusual Request, Center for Audit Quality Asks PCAOB to Delay Sending Revised Standards to SEC for Approval
In an unusual request, the Center for Audit Quality (CAQ) asked the Public Company Accounting Oversight Board (PCAOB) to delay …
New PCAOB Standard is Expected to Lead to More Timely Issuance of Audit Inspection Reports
The Public Company Accounting Oversight Board (PCAOB) on May 13, 2024, voted unanimously to adopt a new standard that could …
PCAOB Staff Report Recommends Root Cause Analysis to Improve Audit Quality
The Public Company Accounting Oversight Board (PCAOB) on April 30, 2024, published a staff report about how a root cause …
PCAOB Investor Advisory Group Seeks Public Nominations for Best Critical Audit Matters
The Public Company Accounting Oversight Board’s (PCAOB) Investor Advisory Group (IAG) is formally seeking the public’s nominations for the “most …
Investor Advisory Group Asks PCAOB to Strengthen Proposal on Firm Registration Rules
Members of the Public Company Accounting Oversight Board’s (PCAOB) Investor Advisory Group (MIAG) asked the board to strengthen its proposal …
US Audit Regulator Imposes Record Penalty on KPMG Netherlands for Exam Cheating by Hundreds of Professionals
The US Public Company Accounting Oversight Board (PCAOB) on April 10, 2024, said it fined KPMG Netherlands a record $25 …
Regulator Proposes Auditor Performance Metrics, Updates to Firm Reporting
The Public Company Accounting Oversight Board (PCAOB) on April 9, 2024, issued two separate but related proposals intended to increase …