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The Public Company Accounting Oversight Board voted to update a group of old interim standards it inherited from the AICPA in 2003.
March 28
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The board levied a $100,000 fine and censured Friedman LLP, a former Top 100 Firm that's now part of Marcum for improper use of Chinese audit firms.
March 27
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PKF Texas appoints next business advisory practice leader; BST & Co. hires marketing strategist; and more accounting news.
March 24
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The board warned investors to exercise caution when it comes to the so-called "proof of reserve" reports that some cryptocurrency companies have been touting.
March 8 -
The move signals continued concerns about data security even after Beijing reached a landmark deal to allow U.S. audit inspections on hundreds of Chinese firms listed in New York.
February 22
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The board increased its enforcement activity significantly in 2022 and levied record-setting penalties.
February 22 -
CFOs have been adjusting to higher interest rates and inflation over the past year, but finding the right people is still a priority at many companies.
February 15
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The IIA's president and CEO sees the proposed confirmation standard as an 'unnecessary swipe' at internal auditors.
February 15
The Institute of Internal Auditors -
The Institute of Internal Auditors is pushing back against part of a proposed new standard on audit confirmations from the Public Company Accounting Oversight Board.
February 6
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The board offered insights on the remediation process that audit firms need to undergo when addressing problems with their quality control.
February 2
