PCAOB

Facing a backlash about its proposal to toughen standards for failing to detect noncompliance with laws and regulations, the board is putting off action on the standard.

The rule change addresses situations in which a firm has ceased to exist, is nonoperational or no longer wishes to remain registered.

Board members face the likelihood of a deregulatory emphasis under the incoming Trump administration and probable changes in board composition.

The Public Company Accounting Oversight Board issued a staff publication amid controversy over its proposed NOCLAR standard.

The Public Company Accounting Oversight Board sanctioned JTC Fair Song for repeatedly violating rules and failing to cooperate with investigators. 

Christina Ho said Sens. Elizabeth Warren and Sheldon Whitehouse are unfairly singling her out for audit failures at firms.

The Public Company Accounting Oversight Board staff updated its short- and mid-term standard-setting agenda as well as its rulemaking agenda.

The Public Company Accounting Oversight Board released guidance on the remediation process for auditing firms with deficiencies in quality control.

Traphagen CPAs raises over $1K for American Cancer Society; KPMG appoints four partners to deal advisory & strategy practice; and more news from across the profession.

Erica Williams, who began her first term in January 2022, will now helm the Public Company Accounting Oversight Board through Oct. 24, 2029.

The Public Company Accounting Oversight Board posted a practice aid, comparison document and webinar related to the implementation of QC 1000.

Companies often face the tricky task of producing privileged and confidential information to their independent auditors for audit purposes.

The Public Company Accounting Oversight Board imposed a $50,000 fine, revoked the firm's registration and barred its partner.

The PCAOB's aggressive enforcement agenda overshadows the profession's achievements.

The sanctions against Accell, Crowe MacKay, EY Switzerland, Grant Thornton Canada and Halpern 7 Associates come following an ongoing enforcement sweep.

Emerging technologies are revolutionizing the group audit process with solutions to navigate the complexities and enhance audit quality.

Auditor independence is an area of common deficiencies year after year, according to PCAOB inspections.

The Public Company Accounting Oversight Board staff released a report Monday on last year's banking crisis.

The SEC approved the PCAOB's QC 1000, which will require firms to identify risks to their practice and design quality control systems that can safeguard against those risks.

Disclosures of critical audit matters are fueling investment decisions, according to a study by the Center for Audit Quality.