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Board staff released a spotlight report to provide food for thought for committee members about fraud risks, cybersecurity, digital assets, critical audit matters and more.
June 21
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The commission charged the firm with systemic quality control failures and violations of audit standards, mainly in connection with its audits of SPAC clients.
June 21
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The board is seeing risks from the use of cryptocurrency assets.
June 14 -
The board fined Barzily & Co. $50,000 and is requiring it retain a consultant to improve quality control.
June 9
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The proposal would toughen the requirements for the auditor's responsibility to consider a company's noncompliance with laws and regulations, including fraud.
June 6
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The board is adding two new projects planned for short-term action, along with four new projects aimed at improving its rules to protect investors.
May 16 -
The Public Company Accounting Oversight Board found problems in its initial audit firm inspections in China.
May 10
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Board chair Erica Williams warned accountants that inspectors have been uncovering more deficiencies.
May 4 -
The changes aim to increase transparency and provide more information to investors and other stakeholders.
May 2 -
A new report reminds auditors of the need to critically assess their own firm's capabilities and get a better understanding of the company they're auditing.
April 25
