PCAOB

The Public Company Accounting Oversight Board found that 29% of companies with major restatements reported an auditor change in the year preceding the restatement.

The Public Company Accounting Oversight Board sanctioned Daniel Carpio Diaz, a former EY Peru audit partner, for violating multiple rules and standards.

The Public Company Accounting Oversight Board released staff guidance to help auditors implement Paragraph .10A of AS 1105, "Audit Evidence."

Over 90% of SPACs were audited by firms outside of the six largest firms, according to the PCAOB.

The Public Company Accounting Oversight Board co-hosted a two-day conference highlighting the work of academic researchers.

The penalties include a $100,000 fine, and training requirements on communication between predecessor and successor audits.

More than 1,000 (69%) of the 1,458 exchange-listed EGCs are audited by larger firms, the PCAOB found.

Issuers must meet regulatory requirements, including SEC filings and compliance with auditing standards set by the PCAOB.

The PCAOB staff continues to see deficiencies related to the review procedures required by Attestation Standard No. 2.

The Technology Innovation Alliance Working Group issued four recommendations to promote responsible use of technology in audits.

The Public Company Accounting Oversight Board postponed the effective date for QC 1000, "A Firm's System of Quality Control," as well as other standards, rules and forms, by one year.

The Public Company Accounting Oversight Board formed an advisory group of professionals from smaller audit firms.

The Public Company Accounting Oversight Board is accepting nominations for members of its Investor Advisory Group and Standards and Emerging Issues Advisory Group.

Securities and Exchange Commission chair Paul Atkins has begun searching for new members and a new chair of the Public Company Accounting Oversight Board only days after forcing the PCAOB chair to resign.

INCPAS and VSCPA usher in new boards; CBIZ CPAs restructures leadership; and more news from across the profession.

The Public Company Accounting Oversight Board sanctioned Centurion ZD CPA & Co. and Chan Kam Fuk, permanently revoking the firm's registration and permanently barring the owner.

The Public Company Accounting Oversight Board named the largest cohort in the program's history to receive $15,000 merit-based scholarships, totaling over $10 million.

The Securities and Exchange Commission has tapped George Botic as acting chair of the Public Company Accounting Oversight Board after Erica Williams' departure.

Erica Williams is stepping down Tuesday as chair of the Public Company Accounting Oversight Board and spoke Monday with Accounting Today about her time at the PCAOB.

Public Company Accounting Oversight Board chair Erica Williams is departing on July 22, after being pushed out by the new SEC chairman after her agency narrowly avoided an effort to eliminate it.