Christopher Knauth allegedly performed an audit of a public company even though his firm was not registered with the PCAOB.
The 18-person panel will have three seats each for audit committee members or directors and financial reporting oversight personnel, including CFOs.
In discussions with the PCAOB, audit committee chairs cited areas of auditor strengths and weaknesses.
Megan Zietsman, chief auditor and director of professional standards of the PCAOB, will replace Jim Kaiser, who is retiring.
China-based companies are still not complying with PCAOB audit inspections. Does Congress have the answer?
Studies find no significant fall-offs in reporting quality over partners’ five-year tenures and little or no evidence of the benefits of "fresh looks."
The board will assess whether it should change its standard to reflect the growing use of technology-based auditing tools.
Patrick Bryan will advance the board's investigations and litigation of violations of PCAOB rules and securities regulations.
A certain federal agency should take over all public company audits, suggests a former Big Four auditor and current accounting software company CEO.
Rebekah Goshorn Jurata replaces Kathleen Hamm, a cybersecurity expert who had been seeking a second term on the board.
The PCAOB says the firm improperly promoted clients that made presentations at investor conferences it hosted.
“By failing to hold the Big Four accountable [for audit deficiencies], the board is putting all Americans’ financial futures in jeopardy.”
