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Despite suggestions to the contrary, audits remain valuable and serve a grander purpose.
March 1JLK Rosenberger -
The Public Company Accounting Oversight Board is proposing a new rule to prevent auditing firms from making false or misleading statements about being registered or overseen by the PCAOB.
February 27 -
The Public Company Accounting Oversight Board levied a $2 million fine against WithumSmith+Brown for violating quality control rules.
February 21 -
The Public Company Accounting Oversight Board levied sanctions and penalties against four auditing firms as part of a sweep.
February 20 -
The International Ethics Standards Board for Accountants has proposed new rules to help auditors steer companies away from greenwashing.
February 14 -
The International Auditing and Assurance Standards Board is proposing to toughen its rules for requiring auditors to look for signs of fraud in a client's financial statements.
February 6 -
Audit reports contain significant, material information, argues accounting educator J. Edward Ketz.
February 1The Pennsylvania State University -
The Public Company Accounting Oversight Board staff report offered insights into the PCAOB's inspection program for auditors of broker-dealers and issues with professional skepticism and low-ball fees.
January 30 -
The Public Company Accounting Oversight Board also permanently barred a sole practitioner in New York.
January 26 -
The Institute of Internal Auditors' newly updated set of Global Internal Audit Standards takes effect in January 2025.
January 9