Former Board Members Speak out Against Legislative Effort to Eliminate PCAOB
Alarmed that the House of Representatives is considering eliminating the Public Company Accounting Oversight Board (PCAOB) as part of a …
AICPA Issues Clarification on Financial Statement Standards for Client Advisory Services
The AICPA on April 7, 2025, published Statement on Standards for Accounting and Review Services (SSARS) No. 27, Applicability of …
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 …
PCAOB Investor Panel Picks Deloitte, EY for Having 3 Most Useful Critical Audit Matters in 2023
The Public Company Accounting Oversight Board’s (PCAOB) Investor Advisory Group (IAG) has presented three examples of the most decision-useful critical …
PCAOB Adopts Rule Intended to Increase Auditor Accountability
Less than a year after proposing a rule intended to more effectively deter auditor misconduct, the Public Company Accounting Oversight …
Segment Reporting, AI, Commercial Real Estate are Among SEC Disclosure Review Priorities for 2024
At a conference, senior Securities and Exchange Commission (SEC) officials said that the staff will closely review several areas, including …
SEC Scales Back Requirements in Final Climate Disclosure Rule
Two years after proposing a landmark climate disclosure rule for public companies, the Securities and Exchange Commission (SEC) on March …
Gensler Defends SEC Staff Accounting Bulletin on Crypto After GAO Report Deems it a Rule
Securities and Exchange Commission (SEC) Chair Gary Gensler once again defended the controversial Staff Accounting Bulletin (SAB) No. 121 on …
SEC Once Again Delays Action on Final Climate Disclosure Rule
It’s official. Yet again. The Securities and Exchange Commission (SEC) has delayed its climate change disclosure rulemaking. Now the agency …
PCAOB Proposes Revised Audit Requirements for Non-Compliance with Laws and Regulations
The Public Company Accounting Oversight Board (PCAOB) on June 6, 2023, voted 3 to 2 to issue a proposal that …