Anti-Trust: The Battle Over China-Based Issuers
China-based companies are still not complying with PCAOB audit inspections. Does Congress have the answer?
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."
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.
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.
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.
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.
Marcum Fined $525K for Touting Audit Clients
The PCAOB says the firm improperly promoted clients that made presentations at investor conferences it hosted.
Watchdog Slams PCAOB Oversight of Big Four
“By failing to hold the Big Four accountable [for audit deficiencies], the board is putting all Americans’ financial futures in jeopardy.”
Microsoft Discloses ‘Critical Audit Matters’
The software giant's auditor, Deloitte, found CAMs related to revenue recognition judgments and uncertain income tax provisions.
SOX Compliance Doesn’t Get Easier With Time
Despite ongoing expectations to the contrary, complying with the Sarbanes-Oxley Act remains a moving target for companies.
Ex-EY Partner Sanctioned Over Inadequate Audit
The PCAOB says William Trainor improperly concluded he did not have to issue an adverse ICFR opinion for Forest Oil.