PCAOB

The proposal would toughen the requirements for the auditor's responsibility to consider a company's noncompliance with laws and regulations, including fraud. 

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.

The Public Company Accounting Oversight Board found problems in its initial audit firm inspections in China.

Board chair Erica Williams warned accountants that inspectors have been uncovering more deficiencies.

The changes aim to increase transparency and provide more information to investors and other stakeholders. 

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.

The board issued a staff report warning of high rates of deficiencies at special purpose acquisition companies.

Inspectors with the board listed their top priorities for inspections this year in a new staff report.

Texas CPA Michelle Cochran can challenge the constitutionality of her administrative law judge in federal court before undergoing an administrative adjudication.

Singapore-based RT LLP was sanctioned for quality control failures, documentation issues, and for failing to file Form AP.