Accounting Firms Say Foreign Issuers Face Major Obstacles if SEC Mandates US GAAP
In comment letters, prominent accounting firms highlighted the costs and practical challenges for foreign private issuers (FPIs) if the Securities …
SEC IG Urges Better Guidance, Documentation for Selecting Company Filings for Review
The Securities and Exchange Commission’s (SEC) Inspector General (IG) said the Division of Corporation Finance (CorpFin) should improve its documentation …
SEC to Revisit Semiannual Reporting After Trump’s Call for Change
As part of his goal to “make IPOs great again,” Securities and Exchange Commission (SEC) Chair Paul Atkins on September …
Chair Paul Atkins: SEC May Reconsider Foreign Companies’ Use of Global Accounting Standards in US
For almost two decades, the Securities and Exchange Commission (SEC) has allowed foreign companies that want to list shares on …
SEC Opens Comment Period on PCAOB’s Delay of Quality Control Standard
Now that the Public Company Accounting Oversight Board (PCAOB) on August 28, 2025, decided to postpone the implementation of its …
Will the SEC Replace the Entire PCAOB Board—Again?
Now that the Securities and Exchange Commission (SEC) is seeking candidates to serve as Public Company Accounting Oversight Board (PCAOB) …
SEC Launches AI Task Force to Drive Innovation and Efficiency
The SEC on August 1, 2025, said that it launched an artificial intelligence (AI) task force to spearhead the agency’s …
Accountants Offer Assistance as SEC Drafts Regulatory Framework for Cryptos
In comment letters, the AICPA, the Center for Audit Quality (CAQ), and Big Four firms said that they support the …
SEC Chair Atkins Seeks New PCAOB Candidates, Signals Board Member Salary Cuts for 2026
After forcing PCAOB Chair Erica Williams out, SEC Chair Paul Atkins said he is soliciting candidates for all board member …
SEC Chief Atkins Ousts Williams as PCAOB Chair Amid Regulatory Shift
Erica Williams is stepping down as chair of the Public Company Accounting Oversight Board (PCAOB) next week, the board said …