PCAOB

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

Rep. Patrick McHenry called the move "partisan," and called on the board and the SEC to preserve all relevant documents.

The institute's Auditing Standards Board amended its standards Tuesday to include guidance in two areas.

The SEC abruptly fired William Duhnke as chairman of the Public Company Accounting Oversight Board. As part of the shakeup, PCAOB board member Duane DesParte will become acting chair, but the SEC plans to replace the entire slate of board members.

The board’s 2020 Annual Report reveals an ongoing drop in registrees, as well as how it responded to COVID-19.

The Public Company Accounting Oversight Board has proposed a rule for implementing a recent law that penalizes foreign companies whose auditing firms can’t be inspected by the PCAOB.

While activity at both regulators declined early in the COVID-19 pandemic, it only recovered at the commission.

The pacts expand the audit firm inspector's reach across Europe.

Mandatory retirement policies at U.S. auditing firms are pushing out experienced partners who are bringing in substantial revenue and audit quality as good as that of younger partners.

The board is planning changes in how it conducts inspections of audit firms, and where it will focus.