PCAOB

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SEC Chair Gary Gensler called out the PCAOB yesterday for being too slow to modernize old auditing standards.

Gary Gensler said updating outdated auditing standards and strengthening auditor independence rules are still works in progress.

Each year the PCAOB gives audit firms, investors, and public companies a heads up on what areas of the audit inspectors will be placing a greater emphasis on during its upcoming inspection cycle, in the hopes of improving audit quality.

EY will have to pay a $100 million fine after it was revealed today that hundreds of the Big Four firm’s auditors had cheated on mandatory ethics exams ...

The Public Company Accounting Oversight Board (PCAOB) voted unanimously to amend current auditing rules and introduced a new standard on June 21 pertaining to an audit firm’s use of so-called “other auditors” who lend a hand during the course of an audit.

The Public Company Accounting Oversight Board (PCAOB) voted unanimously to amend current auditing rules and introduced a new standard on June 21 pertaining to an audit firm’s use of so-called “other auditors” who lend a hand during the course of an audit.

As new generations of accounting professionals aspire to leadership roles in the profession, it is inspiring to look to those who have attained those ranks ahead of them. The AICPA and CPA Practice Advisor partner each year to honor ...