PCAOB

The board adopted a set of amendments to strengthen the rules that apply to audits involving multiple audit firms.

The board plans to hold a meeting next Wednesday with its reconstituted Investor Advisory Group, the first meeting in nearly four years with one of its biggest stakeholders.

Several hurdles remain in an impasse over audits on U.S.-listed Chinese companies to avoid forcing them off American exchanges as early as next year, an SEC official said.

The Top 10 Firm is taking steps to improve its audits, including hiring a former official from the PCAOB and creating an Audit Quality Advisory Council.

KPMG and FICPA both name execs to newly created roles; Indiana CPA Society awards eight scholarships; and more CPA news.

The board named the members the Investor Advisory Group and the Standards and Emerging Issues Advisory Group, and scheduled their initial meeting dates.

U.S. regulators expanded the list of businesses that face possible expulsion from American exchanges because of Beijing’s refusal to allow access to the businesses’ audits.

The revamped board updated its standard-setting and research agendas Wednesday as it takes on new projects.

The board imposed monetary penalties and sanctions Tuesday against two firms that had been working with unregistered Chinese auditors.

The board released its 2021 annual report on Thursday, highlighting its main accomplishments as it transitioned to a mostly new board.