New Intelligize Report Digs Into CAM Preparations
Critical audit matters. The term itself sounds like a big deal, and a new report from Intelligize indicates that they will significantly impact public...
Auditor Independence Comes to Fore in 2019
One issue that has kept financial regulators sneakily busy in 2019 is auditor independence. Both the SEC and the Public Company Accounting Oversight B...
KPMG Dinged $50M For Audit Inspection Scheme
The SEC called them unacceptable and astonishing. Now, KPMG gets to call them old news. We’re talking, of course, about the SEC’s allegations that...
PCAOB Issues Guidance on Critical Audit Matters
Major League Baseball held this season’s Opening Day festivities last week, marking the official start of the 2019 season. Players who reported for ...
FASB is Living in a Materiality World
You’d be forgiven if you confused the Financial Accounting Standards Board’s (FASB) latest announcement about its “conceptual framework” for a...
The SEC’s 2017 Year in Review
It has been a busy year at the SEC, especially at the top, where three different people have chaired the agency. With 2017 coming to a close and curre...