PCAOB

The board adopted a set of amendments to strengthen the rules that apply to audits involving multiple audit firms.

The board plans to hold a meeting next Wednesday with its reconstituted Investor Advisory Group, the first meeting in nearly four years with one of its biggest stakeholders.

Several hurdles remain in an impasse over audits on U.S.-listed Chinese companies to avoid forcing them off American exchanges as early as next year, an SEC official said.

The Top 10 Firm is taking steps to improve its audits, including hiring a former official from the PCAOB and creating an Audit Quality Advisory Council.

KPMG and FICPA both name execs to newly created roles; Indiana CPA Society awards eight scholarships; and more CPA news.

The board named the members the Investor Advisory Group and the Standards and Emerging Issues Advisory Group, and scheduled their initial meeting dates.

U.S. regulators expanded the list of businesses that face possible expulsion from American exchanges because of Beijing’s refusal to allow access to the businesses’ audits.

The revamped board updated its standard-setting and research agendas Wednesday as it takes on new projects.

The board imposed monetary penalties and sanctions Tuesday against two firms that had been working with unregistered Chinese auditors.

The board released its 2021 annual report on Thursday, highlighting its main accomplishments as it transitioned to a mostly new board.

The CSRC called for faster implementation of a new rule surrounding overseas listings that may remove a hurdle for U.S. regulators.

The Big Four firm is adjusting to a new, tougher regulatory environment, even as it rolls out its latest auditing technology.

The board levied a $100,000 fine against Scott Marcello, in its largest monetary penalty ever in a settled case against an individual.

The revised draft rules deleted the requirement that on-site inspections should be mainly conducted by Chinese regulatory agencies or rely on their inspection results.

Board staff called attention to some important considerations for auditors as they plan and perform audits that may be affected by the ongoing war in Ukraine.

PCAOB names director of the office of international affairs; BKD promotes 32; and more CPA news.

Chinese authorities are preparing to give U.S. regulators full access to auditing reports of the majority of the 200-plus companies listed in New York as soon as the middle of this year.

Gary Gensler signaled that only total compliance with U.S. audit inspections will allow the companies to keep trading on American markets.

The board approved charters for the membership and activities to revive its old Investor Advisory Group and set up a new Standards and Emerging Issues Advisory Group.

A report from the PCAOB finds that audit committees are neither bearish nor bullish on technology, reporting great enthusiasm for it, while remaining wary of risks.