The Public Company Accounting Oversight Board has proposed a set of significant changes in the requirements for auditing firms' quality control systems, in a major update from the earlier standards in ...

George Botic, CPA, shares focus areas for auditors in the coming year using in his signature colorful language.

THE ASSESSMENT OF COMPANY-LEVEL CONTROLS is a critical part of complying with section 404 of Sarbanes-Oxley. The PCAOB says public companies must assess the design and operating effectiveness of these ...

The Public Company Accounting Oversight Board has issued a concept release proposing a new approach to changing its quality control standards. The changes would represent the biggest changes since the ...

The Public Company Accounting Oversight Board (PCAOB) has released new and enhanced datasets related to its inspection reports, offering stakeholders improved access to detailed audit information.

Forbes contributors publish independent expert analyses and insights. I am the Jenkins Professor of Accounting at NC State University. A recent study published in Contemporary Accounting Research ...

Big Four audit firm PwC was assessed a $2.75 million penalty by the Public Company Accounting Oversight Board (PCAOB) for failures in its auditor independence processes related to a 2018 engagement.

The regulator has said it intends to place greater weight on oversight of firms’ internal quality and control systems.

FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--PotNetwork Holding, Inc. (OTC Pink: POTN)(the “Company”) announced today that the Company has officially retained the auditing services of East West Accounting ...

A new staff report issued by the Public Company Accounting Oversight Board (PCAOB) seeks to provide best practices for auditors amid observations of rising deficiency rates related to engagement ...