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Tag: PCAOB

People celebrating with hands raised

Sarbanes-Oxley Turns 20

People celebrating with hands raised

Audiences were packing multiplexes across the country to see “Spider-Man” – the Tobey Maguire one, not Tom Holland’s subsequent version. Temperatures were rising outside and in the dance clubs, courtesy of rapper Nelly and his chart-topping...

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The Great Wall of China

Auditing Showdown with China Nearing a Conclusion?

The Great Wall of China

Remember the Holding Foreign Companies Accountable Act? Securities and Exchange Commission Chair Gary Gensler warned the world last year that the law, which took effect at the end of 2020, could start causing problems in the United States f...

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Antacid fizzles and dissolves in a glass of water

Public Company Accounting Oversight Board Moves to Investigate Foreign Auditors

Antacid fizzles and dissolves in a glass of water

Earlier this month, Securities and Exchange Commission Chair Gary Gensler fired a warning shot at China-connected companies. In a Wall Street Journal op-ed, the head of the regulatory agency warned that by early 2024, it may need to prohibi...

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PCAOB Overhaul Latest Sign of Gensler’s Ambitious Agenda

PCAOB Overhaul Latest Sign of Gensler’s Ambitious Agenda

PCAOB Overhaul Latest Sign of Gensler’s Ambitious Agenda

Gary Gensler developed a reputation for ruthless efficiency while heading the Commodity Futures Trading Commission from 2009 to 2014. He’s living up to that billing so far in his fledgling tenure as chair of the Securities and Exchange Comm...

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Beijing skyline at night in Black and White

Domestic Issuers Get Caught in U.S-China Crossfire

Beijing skyline at night in Black and White

They’ve tariffed each other’s products. They’ve sanctioned each other’s officials. They’ve blamed each other for the pandemic. But as hostilities escalate between the U.S. and China, only once have public companies told the president he too...

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