Are you an auditor? Do you have any public company clients? Have you recently been notified that the PCAOB will be inspecing the audit of one of those public company clients?
Has it been awhile since we've discussed a egregious independence violation committed by an audit firm? Yes, I think it has.
PCAOB Chairman James Doty had the pleasure of presenting a budget to the SEC today and it probably could've gone better.
SEC Chair Mary Jo White said that she'll wait until two new commissioners are appointed before deciding on whether James Doty will remain the head of the PCAOB.
Sometimes I get the impression that the Big 4 don’t fully appreciate what the PCAOB’s supposed to do as a regulator.
As promised, the PCAOB is dropping its auditor disclosure rule with 9 shopping days left until Christmas.
The PCAOB announced earlier today that it will hold an open meeting next Tuesday to vote on the disclosure rules for naming the audit partner and other accounting firms that participated in the audit.
Earlier this week, we learned about a couple of Grant Thornton audits that were less than perfect.
Last week the PCAOB approved its 2016 budget and also its "strategic plan" through 2019. That might sound like a more potent sleeping aid than tryptophan, but sometimes board members say interesting things worth sharing and, today, we have one for you.
SEC Chief Accountant James Schnurr says that, although "there's room for improvement" audit quality "is getting better" and the PCAOB has "deepened their expertise" and "their inspection process has matured."