The departures of Rebekah Goshorn Jurata and Megan Zietsman come as the SEC weighs the appointment of an entire new board.
The charges may reignite the discussion around the too-cozy relationship of some finance executives and their audit firms.
How to navigate both the “going public” and “being public” phases.
Besides removing William D. Duhnke III, the SEC said it intends to seek candidates to fill the other Board positions.
"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.
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.
