PCAOB
Latest News
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
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Five Ways to Help Clients Maintain Accuracy in Financial Reporting
The future of financial reporting will show an increased use of automation and artificial intelligence to improve the efficiency and accuracy of an organization’s checks and balances.
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Financial Accounting Standards Advisory Council Meeting Recap
The FASB chair provided highlights on FASB activities, and the SEC and PCAOB staff members commented on current issues and activities.
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AuditFile Partners with AuditClub for Audit Efficiency and Quality
New AuditFile software feature helps firms connect with AuditClub fractional auditors to complete audits and reviews under tight deadlines
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IIA Opposes New PCAOB Standard Proposal’s Anti-Internal Auditor Language in Comment Letter
The comment letter notes that the proposed change in the standard is presented without any apparent explanation or evidence for the need for such a change.
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The Parallel Problems of Public Accounting & Major League Baseball
After reading former MLB manager Joe Maddon’s recent book, The Book of Joe – cowritten with Tom Verducci –it struck me: The plight of the public accounting industry is not unlike that of Major League Baseball.
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Paul Munter to Take Over as SEC Chief Accountant
Munter, who joined the SEC in 2019, has served as acting chief accountant since January 2021.
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PCAOB Looks to Modernize Rules for Confirmations
Proposal would replace an interim standard that has not changed substantially since 2003.
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PCAOB Granted Authority to Inspect Chinese Audit Firms
"This historic and unprecedented access was only possible because of the leverage Congress created by passing the Holding Foreign Companies Accountable Act," Williams said.