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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 -
The International Auditing and Assurance Standards Board is planning to make some minor adjustments in its quality management and global audit standards to align them more closely with international ethics rules for accountants.
January 8 -
Auditor disclosures of client-specific quantitative materiality thresholds, which are required in the U.K. but not the U.S., could be encouraging some businesses to massage their earnings reports.
January 2