“[t]he staff have cleverly developed a mix of both principles and rules to address audit deficiencies and weaknesses that have been observed. The amended standard amplifies the lead auditor’s ...

In this new statement, SEC Chief Accountant Paul Munter—no longer “acting” Chief, he got the job—discusses some of the issues arising out of the increased use by lead auditors of other accounting ...

The Public Company Accounting Oversight Board adopted a set of amendments Tuesday to its auditing standards to strengthen the rules that apply to audits involving multiple audit firms with new ...

The Public Company Accounting Oversight Board adopted a rule strengthening the requirements for lead auditors in supervising other auditors outside their firms, the first standard to pass under the ...