PCAOB

New AICPA chief Mark Koziel said the association is preparing for the possibility of the PCAOB being "rolled up" into the SEC.

The Public Company Accounting Oversight Board cautioned about relying on the work of specialists who help with fair value measurements and accounting estimates.

The Public Company Accounting Oversight Board launched an online resource page with content tailored for smaller firms.

The Public Company Accounting Oversight Board released a staff publication highlighting problems it's seeing with audits of journal entries.

The Public Company Accounting Oversight Board revoked SS Accounting and Auditing's registration and barred its owner and sole partner for violating rules and quality control standards.

The Public Company Accounting Oversight Board found specific deficiencies in the testing of internal controls and accounting estimates, and in engagement quality reviews.

Hindering the audit marketplace creates risk for the investing public, says the AICPA's Sue Coffey.

The Public Company Accounting Oversight Board ramped up enforcement, modernized standards, enhanced inspections and expanded engagement in 2024.

Auditing firms are asking the SEC to reject the Public Company Accounting Oversight Board's recent standards on firm and engagement metrics and firm reporting.

The PCAOB will be able to address situations in which a registered firm has ceased to exist, is nonoperational, or no longer wishes to remain registered.