Audit

At the same time, the number of companies reporting their audit fees has dropped roughly 20%.

The board disciplined five auditing firms for violating its rules and standards when communicating with audit committees.

He reiterated that American officials must be able to review the audit papers of Chinese companies that trade in the U.S.

Steinhoff, the former owner of Mattress Firm in the U.S., has been battling to survive ever since auditors refused to sign off on its financials.

The service is using the extra funding it received from the IRA to audit big, complex partnerships using data analytics and other technology tools, while working on hiring more experienced accountants.

The board announced 369 accounting and auditing students will receive $10,000 in scholarships as part of its PCAOB Scholars program.

Apart from a raid by India's financial crime-fighting agency, the tutoring startup failed to file its financial accounts on time, and U.S. investors accuse it of hiding half a billion dollars.

The board's inspectors are finding 'unacceptable' levels of problems at auditing firms, with year-over-year increases once again.

Students aren't majoring in accounting because they don't have a passion for the subject, and because they perceive barriers in cost and time.