PCAOB
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Patriot Software Adds Free HR Center For Users
Applications Open for Qualifying Advanced Energy Project Tax Credit
Review of CCH AnswerConnect Tax Research- The Accounting Technology Lab Podcast – Sept 2024
Accountant Pleads Guilty to Filing False Tax Returns in Connecticut
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CAQ Asks PCAOB to Extend Comment Period on a Pair of Proposed Standards
The Center for Audit Quality asked for an extra 60 days to review and provide feedback on two proposals with a June 7 comment due date.
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PCAOB Slaps Audit Firm MaloneBailey With $400,000 Fine
The top 200 accounting firm was sanctioned on May 21 for what the PCAOB calls “pervasive quality control violations.”
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PCAOB Replaces Old Quality Control Rules With a New Standard
The new quality control standard will require audit firms to annually evaluate their QC systems and report the results to the PCAOB.
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New PCAOB Rules Would Push Auditors to Assemble Final Documentation More Quickly
As part of a new standard adopted May 13, the time period to assemble a final set of audit documentation would be cut from 45 to 14 days.
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8 Characteristics of a Well-Designed Root Cause Analysis Process, According to the PCAOB
In a staff report, the PCAOB discusses the importance of the root cause analysis process in firms' efforts to improve audit quality.
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PCAOB Group Seeks Input On the Most Decision-Useful CAMs or KAMs
The Investor Advisory Group is looking to identify the top three critical audit matters or key audit matters for 2023.
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The PCAOB is Hitting the Road This Year
Board members will host a series of five in-person forums for small audit firms in Chicago, Los Angeles, Denver, Miami, and Jersey City.
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PCAOB Really Flexed Its Enforcement Muscles in 2023
Total enforcement activity reached its highest level since 2017 and monetary penalties doubled compared to the record set in 2022.