Auditing January 3, 2025
Under the new rules, the PCAOB can address situations in which a registered firm has ceased to exist, is nonoperational, or no longer wishes to remain registered, as demonstrated by its failures to file annual reports via PCAOB Form 2 and pay annual fees for at least two consecutive reporting years.
December 26, 2024
December 18, 2024
December 6, 2024
December 6, 2024
Auditing February 28, 2024
A proposed rule would limit how audit firms tout their PCAOB registration in marketing to clients and potential clients.
Auditing February 23, 2024
Withum was fined $2 million, while Baker Tilly and Mazars were fined $80,000 and $60,000, respectively, for rules violations.
Auditing January 30, 2024
Edward Hackert is accused of improper conduct by repeatedly not following U.S. auditing standards over a 10-year period.
Auditing January 29, 2024
The top 100 firm and two current and two former partners were sanctioned for subpar auditing and quality control failures.
Auditing December 1, 2023
The PCAOB has doled out a record $20 million in total fines so far in 2023, almost doubling the previous high mark of $11 million last year.
Auditing October 4, 2023
The new standard on confirmations is the first project the board saw through from start to finish with Williams as PCAOB chair.
Auditing September 26, 2023
BDO USA was fined $2 million and two of the firm’s partners were fined a total of $60,000 for failures in the 2017 audit of AAC Holdings.
Auditing September 19, 2023
The proposal would hold auditors and others more accountable when they negligently cause their firm to violate auditing standards.
Accounting September 14, 2023
Marcum audit partner Alfonse Gregory Giugliano was slapped with a $75,000 fine for failing to fix problems in the firm's QC system.
Accounting September 12, 2023
Organizations need to focus on areas including data governance, change management and upskilling when pursuing these new technologies.
Auditing September 5, 2023
The top 50 firm was fined $200,000 for auditor independence violations related to its membership in an accounting alliance.
Accounting September 1, 2023
When properly managed and prioritized, financial, operational and legal data has the potential to contribute significant strategic value to a business that extends far beyond meeting compliance requirements.