PCAOB Defends New Quality Control Standard Amidst Opposition by Auditors, Businesses
The Public Company Accounting Oversight Board (PCAOB) defended its recently finalized quality control standard (QC) in response to criticisms by …
With Threat of Lawsuit, SEC Once Again Delays Approving PCAOB’s New Quality Control Standard
The Public Company Accounting Oversight Board (PCAOB) recently finalized quality control (QC) standard, which is strongly opposed by auditors, and …
Reform, Investor Groups Ask SEC to Require More Public Reporting of Tax Information by Multinationals
The Financial Accountability and Corporate Transparency (FACT) Coalition has petitioned the Securities and Exchange Commission (SEC) to write a rule …
SEC Plans to Issue 4 Proposals by End of 2024
The Securities and Exchange Commission (SEC) is planning to issue 13 proposals in the next 10 months or so with …
SEC Plans to Adopt 16 Rules in Coming Months
The Securities and Exchange Commission (SEC) is planning to adopt 16 rules in the coming months, according to the so-called …
SEC Proposal on Human Capital Management Disclosure is Delayed Once Again, With Dim Prospects
The Securities and Exchange Commission (SEC) has once again delayed issuing a proposal intended to standardize and increase data that …
Noting Issues Raised, SEC Extends Comment Deadline on PCAOB’s Standards on Quality Control and Auditors’ General Responsibilities
The Securities and Exchange Commission (SEC) has extended the deadline for the public to submit comment letters by 14 additional …
XBRL Helps Enforcement Activities – SEC Report
Machine-readable data has enabled the Securities and Exchange Commission’s (SEC) enforcement division to more efficiently analyze individual companies’ disclosures and …
Supreme Court Sidesteps Broader Questions on SEC Judge Constitutionality in ‘Pointed’ Jarkesy Ruling
The Supreme Court on June 27, 2024, issued a closely watched 6-3 ruling in SEC v. Jarkesy, holding that targets of …
Supreme Court: Defendants Facing SEC Fraud Charges Involving Penalties are Entitled to Jury Trial
The Supreme Court on June 27, 2024, in a 6-3 ruling in SEC v. Jarkesy, concluded that defendants facing SEC …