PCAOB seeks public input on standard-setting priorities for the first time
The Public Company Accounting Oversight Board (PCAOB) issued a request for public comment on June 23, 2026, seeking input on its standard-setting …
Former PCAOB board member calls for sweeping reforms to audit regulator
A former member of the Public Company Accounting Oversight Board (PCAOB) is calling for major reforms to the audit regulator, …
SEC Staff Eye AI Reminders, Not Prescriptive Rules, for Financial Reporting
Public company accountants and auditors have been using artificial intelligence (AI) for financial reporting matters largely without new regulatory requirements. …
PCAOB Proposes Rollbacks to Quality Control Standard Amid Audit Firm Pushback
In a nod to audit firms’ criticisms that the Public Company Accounting Oversight Board’s (PCAOB) new quality control standard (QC) …
SEC Chief Accountant Hohl Dispels Rumors of Weakening Auditor Independence Rules
Securities and Exchange Commission (SEC) Chief Accountant Kurt Hohl, speaking at a conference, once again sought to set the record straight …
SEC Proposes Expanding Sarbanes-Oxley Auditor Attestation Exemptions, Other Reforms to Boost IPOs
In a move intended to carry out Securities and Exchange Commission (SEC) Chairman Paul Atkins’ agenda to “Make IPOs Great …
SEC Proposes Optional Semiannual Reporting for Public Companies
The Securities and Exchange Commission (SEC) on May 5, 2026, issued a rule proposal that would give public companies the …
House Panel Advances Bill Slashing IRS Enforcement Budget, SEC Funds
The House Appropriations Committee has advanced the fiscal year 2027 Financial Services and General Government (FSGG) funding bill, which would …
Chair Atkins: SEC Nears Proposal to Allow Semi-Annual Reporting for Public Companies
Securities and Exchange Commission (SEC) Chairman Paul Atkins has indicated that the commission is very close to issuing a proposal …
House GOP Calls for IRS, SEC Funding Cuts, Demands Resolution on Corporate Transparency Act
The House Appropriations Committee released a bill to fund IRS, SEC, and certain other regulators in fiscal year 2027, calling …