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Tag: PCAOB

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The SEC’s New SOX Squad: Five Takeaways for Auditors and Public Companies

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The Securities and Exchange Commission has spent the better part of a year scaling back its enforcement function. There are fewer cases, lower penalties, reduced staffing, and a revised enforcement manual. So when a new enforcement unit mat...

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SEC Nominee Queried on Crypto, Ties to Wall Street

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President Donald Trump’s pick to run the Securities and Exchange Commission hit Capitol Hill last week for his confirmation hearing, which featured cryptocurrency regulation as one of the main topics of discussion. We’ve told you previously...

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New Quality Standard Heightens Fears of Accounting Brain Drain

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Fans of Christian Wolff rejoiced earlier this year when news broke that filming had started for the latest installment of the adventures of the autistic CPA and mercenary do-gooder portrayed by Ben Affleck. Nine years after The Accountant f...

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SEC Approves Tougher Standards for Auditor Liability

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The Securities and Exchange Commission has approved a proposal from the Public Company Accounting Oversight Board intended to make it easier for the regulatory agency to hold an individual responsible when that person “directly and substant...

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A Flurry of Audit Activity at PCAOB, FASB

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There is no indication of the typical “summer slowdown” at the Public Company Accounting and Oversight Board or the Financial Accounting Standards Board. In fact, the PCAOB and FASB have been quite active in June, approving a slew of rule c...

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