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Tag: PCAOB

A puddle drains at sunset

New Quality Standard Heightens Fears of Accounting Brain Drain

A puddle drains at sunset

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

kid toughing it out on monkey bars

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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Beehive

A Flurry of Audit Activity at PCAOB, FASB

Beehive

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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Complex Issues Affecting U.S.-China Relations Pose Risks for Corporations

elephants wrestling

From imported cotton to TikTok, a host of contentious issues continue to complicate relations between the United States and China. The disputes also present thorny risks for corporations seeking to expand their operations or simply avoid co...

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Dart board

New Audit Standards Accompanied by Calls for Stronger Leadership

Dart board

The top accountant at the Securities and Exchange Commission has had enough with auditors behaving badly, and he’s taking aim at the leadership of their firms as regulators move to tighten up auditing standards. In a statement issued earlie...

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