Public Company Accounting Oversight Board
PCAOB Proposes Rule for Foreign Audit Inspections
The rule provides a framework for implementing a new law that could result in the delisting of Chinese companies from U.S. exchanges.
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.”
Audit Committees Boost Disclosure to Shareholders
Investors get more information about the selection and evaluation of large companies' independent auditors.
Fresh Evidence of Auditor Bias Emerges
Companies don't look good for penalizing honest auditors, while other auditors don't look good for rendering slanted opinions.
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.
‘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.