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PCAOB adopts new quality control standard
The Accountant via Yahoo Finance· 3 days agoThe Public Company Accounting Oversight Board (PCAOB) has adopted a new standard designed to lead registered public accounting firms to significantly...
PCAOB Looks to Ban Audit Firms From Misrepresenting Their Registration Status
The Wall Street Journal· 3 months agoFirms touting their registration with the Public Company Accounting Oversight Board in...
The accounting crisis everybody seems to ignore, and the regulator fighting to fix it
Fortune via Yahoo Finance· 2 months agoWho watches the watchmen—or, in Fortune 500 terms, who audits the auditors? Erica Williams wants the...
PCAOB Adopts Tighter Rules on Auditors’ Quality Controls
The Wall Street Journal· 4 days agoThe Public Company Accounting Oversight Board is requiring audit firms to do more to ensure the...
Regulator Explores Naming Companies Tied to Auditing Deficiencies Amid Investor Pushback
The Wall Street Journal· 2 weeks agoCFO JOURNAL America’s auditing regulator is exploring whether it should reveal the names of...
Elizabeth Warren Takes Aim at 'Shady' Crypto Audits in Letter to Accounting Oversight Board
Decrypt Media via Yahoo Finance· 1 year agoU.S. Senators Elizabeth Warren and Ron Wyden said they are “disappointed” with the Public Company...
The US accounting watchdog’s milestone ends uncertainty over Chinese firms’ stock market delisting
Quartz via Yahoo Finance· 1 year agoHundreds of Chinese companies have narrowly escaped the risk of being delisted from the US stock...
Audit Deficiencies by Accounting Giants Grew in Latest Inspections, U.S. Regulator Says
The Wall Street Journal· 3 months agoThe U.S. units of EY, Deloitte and PwC had an average 24% deficiency rate in their 2021 audits of...
US fines PwC $7 million for allowing cheating in audit exams in China
CNN Business via Yahoo Finance· 6 months agoA US regulator has hit the China arm of prestigious “Big Four” firm PwC with a $7 million fine. The...
PwC affiliates, Chinese firm to pay $7.9 million for US audit failures
Reuters via Yahoo Finance· 6 months agoThe penalties come over a year after Beijing and Washington struck a landmark deal that has allowed...