Public Company Accounting Oversight Board
‘Opinion-Shopping’ Compromises Auditor Independence
While it may serve the interests of struggling companies, shopping for a favorable audit opinion lessens auditor independence and audit quality.
SOX 404(b) Provides Investor Value After All
Study results contradict critics who are trying to water down the Sarbanes-Oxley requirement for auditing internal controls over financial reporting.
Rate of Growth in Audit Fees Doubled in 2017: FERF
New accounting standards, greater M&A activity, and PCAOB documentation requests drove up fees, according to the Financial Executives Research Foundation.
The Dark Side of Accounting Expertise
For top executives, managerial experience at an auditing firm is not necessarily a virtue, especially among those who are highly paid, a study finds.
16 Years Later, SOX Compliance Continues to Evolve
Sarbanes-Oxley compliance costs shot up this year, underscoring the need for companies to automate more of their compliance activities.
When Are Execs Most Likely to Inflate Earnings?
Earnings management tends to occur not when a company is getting little or a lot of attention, but rather when it's in the middle of those extremes.
Six CPAs Accused of Rigging Audit Inspections
The SEC says PCAOB staffers leaked confidential materials to KPMG partners to boost the firm's inspection results.
PCAOB Probes Help Companies Raise Capital
Companies "raise significantly more external capital following the disclosure of their auditors’ PCAOB inspection report," study finds.
Crowe Horwath Censured Over China Audits
The PCAOB says the firm refused to produce audit work papers related to its audits of a publicly-traded Chinese company.
Senators Urge Making PCAOB Hearings Public
Sens. Jack Reed and Chuck Grassley say the secrecy of board disciplinary proceedings is keeping critical information from investors.
Audit Flaws Up for Deloitte, Down for PwC
The PCAOB's annual inspections find deficiencies in 24% of a sample of Deloitte audits and 22% of PwC's.