PCAOB

The Public Company Accounting Oversight Board (PCAOB) formed in the wake of Sarbanes-Oxley. This sleeping giant has recently begun to stir, proposing changes to auditor rotation and the auditors reporting model.

PCAOB news

PCAOB plans small business auditing forums

Apr 18, 2013

The Public Company Accounting Oversight Board will hold six forums this year to discuss the small business auditing environment.
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PCAOB fees increasing

Feb 19, 2013

The SEC approved the PCAOB’s 2013 budget, along with a 9% increase in the fees public companies have to pay.
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House panel probes PCAOB practices

Jan 17, 2013

A U.S. House panel is investigating whether the PCAOB is sufficiently considering the economic impact of regulations for auditors.
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Internal control audit deficiencies highlighted in PCAOB report

Dec 13, 2012

Auditors are failing to adequately check internal control policies, according to a new PCAOB report.
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Audit quality and independence targeted, mandatory rotation less likely

Dec 06, 2012

Both the PCAOB and SEC are expressing concern over audit quality and the independence of audit firms in light of consulting practice expansion. However, at least one PCAOB member doubts the likeliness of mandatory audit firm rotation.
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PCAOB slows agenda for cost-benefit studies

Nov 29, 2012

The PCAOB is delaying the target dates for various auditing standard setting projects in order to comply with the JOBS Act.
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