SEC

PricewaterhouseCoopers is adding a third external director to its board, former SEC commissioner Troy Paredes, and establishing an Assurance Quality Advisory Committee where the firm will bring in more outside voices to help improve its audits.

Leaders of the Securities and Exchange Commission and the Public Company Accounting Oversight Board issued a joint statement Wednesday about the impact of the coronavirus on audit firms trying to operate in China.

The White House’s latest budget blueprint proposes consolidating the functions and responsibilities of the Public Company Accounting Oversight Board into the Securities and Exchange Commission starting in 2022.

A slow quarter for the biggest firms saw lots of small gains for smaller auditors.

The Securities and Exchange Commission voted to propose amendments to the financial disclosure requirements in Regulation S-K and streamline the Management's Discussion and Analysis disclosures.

A bill stuck in Congress might help improve audit oversight.

All eyes will be on the large SEC registrants in January as they become the first financial institutions to adopt the current expected credit loss model, or CECL.

The Securities and Exchange Commission is proposing a set of amendments to the auditor independence rules that have been in place since the early 2000s, allowing firms more leeway in determining conflicts of interest and shortening the lookback period for clients planning to go public.

All three are pending final acceptance by the SEC, which is expected to finalize them early next year.

Five new trustees have also been named to the Financial Accounting Foundation.

SEC charges revolved around how the insurer decided if clients were dead.

BDO USA appoints first female board chair; the SEC names two Deputy Chief Accountants; and more personnel news.

The founder of the apparel licenser allegedly inflated the company's revenue and earnings.

The complaints paint a picture of increasingly desperate measures undertaken by MiMedx’s top two officers to hit sales goals year after year.

When Securities and Exchange Commission Chairman Jay Clayton handed a policy win to corporate executives this month, he pointed to a surprising source of support: a mailbag full of encouragement from ordinary Americans.

A merger put Assurance Dimensions in the lead, while Marcum LLP led among large firms.

The Financial Accounting Standards Board approved an accounting standards update to help companies make the transition from the London Interbank Offered Rate to newer reference rates.

Under Armour Inc. shares plunged after the company disclosed that federal officials have been probing its accounting practices for more than two years, bringing a fresh headache to investors just as the sports brand prepares for a CEO transition.

The Securities and Exchange Commission has named Rebekah Goshorn Jurata, a special assistant to the president for financial policy on the White House’s National Economic Council.

The Justice Department investigation into the allergy shot would eventually cost the drug maker nearly $500 million.