Audit

Public Company Accounting Oversight Board chair Erica Williams warned about legislation that would eliminate the board.

Cuts in funding and staff mean the Internal Revenue Service will likely "do less with less," experts say.

Semple, Marchal & Cooper LLP has filed suit against the BDO Alliance and its chairman after it was ejected from the alliance.

The Public Company Accounting Oversight Board posted new downloadable datasets related to Part I.A and Part I.B deficiencies.

A regulator unveiled settlements with two former Wells Fargo auditors who were alleged to have ties to the bank's systemic sales-practice misconduct.

The House Financial Services Committee is considering legislation to transfer the Public Company Accounting Oversight Board's responsibilities to the SEC.

The International Auditing and Assurance Standards Board is proposing to tailor its standards to align with recent additions to the IESBA's Ethics Code.

Big Four firm KPMG announced that it has built several new AI agents into its global smart audit platform Clara, with plans to develop more in the future.

Paul Atkins was sworn in as the new chair of the Securities and Exchange Commission and is expected to bring a more deregulatory and crypto-friendly approach.

The Public Company Accounting Oversight Board sanctioned Adeptus Partners and its partner Howard Krant for violations related to supervision, review and quality control.