PCAOB Archives - CFO

Two PCAOB Members Resigning

Two PCAOB Members Resigning

The departures of Rebekah Goshorn Jurata and Megan Zietsman come as the SEC weighs the appointment of an entire new board.

By Vincent Ryan | August 23, 2021

EY, Partners Charged With Auditor Independence Violations

EY, Partners Charged With Auditor Independence Violations

The charges may reignite the discussion around the too-cozy relationship of some finance executives and their audit firms.

By Vincent Ryan | August 2, 2021

10 CFO Tips for the SPAC Transition

10 CFO Tips for the SPAC Transition

How to navigate both the “going public” and “being public” phases.

By Vincent Ryan | August 2, 2021

Gensler Ousts PCAOB Chair; Other Board Members to Follow

Corporate Finance

Gensler Ousts PCAOB Chair; Other Board Members to Follow

Besides removing William D. Duhnke III, the SEC said it intends to seek candidates to fill the other Board positions.

By Vincent Ryan | June 7, 2021

PCAOB Critics Call On Gensler to Clean House

PCAOB Critics Call On Gensler to Clean House

"We do not believe the current Board members are up to the task of re-focusing the PCAOB on its core mission," says an investor group.

By Vincent Ryan | May 20, 2021

CPA Charged With Violating Auditing Rules

Risk & Compliance

CPA Charged With Violating Auditing Rules

Christopher Knauth allegedly performed an audit of a public company even though his firm was not registered with the PCAOB.

By Matthew Heller | April 6, 2021

PCAOB Forms Stakeholder Advisory Group

PCAOB Forms Stakeholder Advisory Group

The 18-person panel will have three seats each for audit committee members or directors and financial reporting oversight personnel, including CFOs.

By Vincent Ryan | March 30, 2021

Audit Chairs Give 2020 Audits Mixed Reviews

Audit Chairs Give 2020 Audits Mixed Reviews

In discussions with the PCAOB, audit committee chairs cited areas of auditor strengths and weaknesses.

By Vincent Ryan | February 2, 2021

Kaiser to Leave PCAOB; Chief Auditor to Replace Him

Corporate Finance

Kaiser to Leave PCAOB; Chief Auditor to Replace Him

Megan Zietsman, chief auditor and director of professional standards of the PCAOB, will replace Jim Kaiser, who is retiring.

By Vincent Ryan | October 15, 2020

Anti-Trust: The Battle Over China-Based Issuers

Corporate Finance

Anti-Trust: The Battle Over China-Based Issuers

China-based companies are still not complying with PCAOB audit inspections. Does Congress have the answer?

By Lauren Muskett | October 14, 2020

Audit Partner Rotation Delivers Few Benefits: Study

Corporate Finance

Audit Partner Rotation Delivers Few Benefits: Study

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."

By CFO Staff | September 25, 2020

PCAOB to Consider Revising Audit Evidence Rule

PCAOB to Consider Revising Audit Evidence Rule

The board will assess whether it should change its standard to reflect the growing use of technology-based auditing tools.

By Matthew Heller | September 9, 2020

PCAOB Appoints New Director of Enforcement and Investigations

PCAOB Appoints New Director of Enforcement and Investigations

Patrick Bryan will advance the board's investigations and litigation of violations of PCAOB rules and securities regulations.

By Lauren Muskett | December 18, 2019

Audits Are Broken. Here’s a Radical Way to Fix Them.

Risk & Compliance

Audits Are Broken. Here’s a Radical Way to Fix Them.

A certain federal agency should take over all public company audits, suggests a former Big Four auditor and current accounting software company CEO.

By David McCann | November 27, 2019

SEC Names White House Aide to PCAOB

Risk & Compliance

SEC Names White House Aide to PCAOB

Rebekah Goshorn Jurata replaces Kathleen Hamm, a cybersecurity expert who had been seeking a second term on the board.

By Matthew Heller | October 17, 2019

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