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
Accounting August 18, 2022
The rules increase the lead auditor’s involvement in and evaluation of the work of other auditors on an audit.
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Accounting August 17, 2022
The document, released on Aug. 16, explains four goals the PCAOB has set to accomplish from 2022 to 2026.
Accounting August 17, 2022
AuditClub and its team of chief auditors bring extensive credentials to offer strategic insights and deliver solutions in key areas that matter to accounting firms.
Accounting July 28, 2022
SEC Chair Gary Gensler called out the PCAOB yesterday for being too slow to modernize old auditing standards.
Accounting July 27, 2022
Gary Gensler said updating outdated auditing standards and strengthening auditor independence rules are still works in progress.
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Accounting July 5, 2022
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.
Accounting June 28, 2022
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 ...
June 22, 2022
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.
June 22, 2022
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.
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June 8, 2022
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 ...
May 5, 2022
The PCAOB’s approach to advancing audit quality through standards, interpretations, and other guidance prioritizes select standard-setting projects. Specifically, through the standard-setting agenda, the PCAOB expects to strengthen auditing, quality ...
November 22, 2021
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