Audit

The Public Company Accounting Oversight Board has named Barbara Vanich as its chief auditor after she served as acting chief auditor for nearly two years.

While corporate sustainability reporting continues to grow amid demands from investors and regulators, problems persist with the reliability of the information and the role of accounting firms in vetting the disclosures.

A New York CPA was hit with a $150,000 penalty and barred from association with a registered firm for misleading board inspectors and investigators.

The accountant's love affair with the humble spreadsheet is a long and storied one, but Ane Ohm of LeaseCrunch, said in today's age they can carry hidden costs.

An extra $80 billion over 10 years will have major repercussions — though not necessarily the expected ones.

The document includes new tools and resources on committee requirements, oversight responsibilities and strategies for promoting effectiveness.

Banking depositors perceive failures at financial institutions as failures on the part of auditors, reducing their assessment of the credibility of an auditing firm.

The Public Company Accounting Oversight Board has again rejiggered its standard-setting and research agendas, adding three new projects.

They've also tripled since the passage of Sarbanes-Oxley in 2022, according to a recent report.

PPP misrepresentation; rebuilding clients' basis; what you're doing wrong; and other highlights from our favorite tax bloggers.