PCAOB

Some expressed concerns about lower levels of enforcement, while one suggested the board suffered from a credibility gap.

The Public Company Accounting Oversight Board is regrouping with a slate of new board members recently appointed by the Securities and Exchange Commission, and it approved its fiscal year 2022 budget during a rare open meeting on Tuesday.

The Securities and Exchange Commission has appointed longtime SEC official Erica Y. Williams as the new chair of the Public Company Accounting Oversight Board, and named three new members.

The commission approved a rule to ensure the Public Company Accounting Oversight Board can inspect firms in other countries, especially China.

The board released its 2020 inspection reports Monday for Deloitte, Ernst & Young, KPMG and PwC, showing mixed results.

Deficiencies remained high in 2020, according to a new report from the board.

Technological changes are already making an impact on how auditing firms are carrying out their audits.

The board staff issued guidance on some of the considerations auditors should have about the relevance and reliability of information they get from external sources and plan to use as audit evidence.

The board has issued a supplemental call on its proposals surrounding lead auditors’ responsibilities.

The framework will govern how the board determines if it can’t inspect or investigate a foreign accounting firm.

Jackson Johnson of Johnson Global Accountancy shares best practices for auditors facing their overseer -- and for making audits better in general.

The Big Four firm issued its 2021 audit quality report Monday, pointing to progress on auditor independence, along with issues such as diversity and inclusion.

Two members of the Public Company Accounting Oversight Board, Rebekah Goshorn Jurata and Megan Zietsman, jointly announced Monday they plan to resign by Oct. 1, or earlier if new board members are named.

The board reported a decline in the number of firms that had deficiencies last year but the rate is still comparatively high.

The congressional group took the unusual step of backing a candidate, law firm partner Erica Williams, to head the audit overseer.

Despite enhancements already made to audit quality, the audit profession will never rest on its laurels.

The Public Company Accounting Oversight Board announced that 253 U.S. students have received $10,000 scholarships to fund their paths to becoming auditors.

With two rounds of implementation behind us, it’s time to reflect on what we’ve learned so far from the required disclosures of critical audit matters.

The Public Company Accounting Oversight Board is reassessing its plans to reestablish its outside advisory groups after the latest bout of turmoil at the audit firm regulator.

The Securities and Exchange Commission is reportedly probing William Duhnke, the recently fired chair of the Public Company Accounting Oversight Board.