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Auditor disclosures of client-specific quantitative materiality thresholds, which are required in the U.K. but not the U.S., could be encouraging some businesses to massage their earnings reports.
January 2 -
The board's target team shared the results of its in-depth exploration of emerging audit risk.
December 21 -
The board released a staff report outlining its inspections plans and highlighting key risks.
December 20 -
The deal saved hundreds of Chinese companies in the U.S. from being booted off American stock exchanges but has done little to revive the flow of initial public offerings.
December 14 -
The Securities and Exchange Commission approved the board's 2024 budget totaling $384.7 million, up approximately 10%.
December 13 -
The Securities and Exchange Commission's chief accountant cautioned auditors and public companies about the statement of cash flows after spotting problems that could lead to a financial restatement.
December 7 -
The most influential people in the field, as chosen by their peers.
December 5 -
The Securities and Exchange Commission voted to approve a new standard for audit confirmations that updates a decades-old standard to recognize the use of technology.
December 1 -
The board levied penalties against three firms in China, including member firms of PricewaterhouseCoopers that it found were improperly sharing answers to exams.
November 30 -
Erica Williams described the work the PCAOB has been doing to overhaul out-of-date auditing standards and increase its inspections and penalties.
November 28