Under section 106(a) of the Sarbanes-Oxley Act of 2002 (SOX), foreign auditors with U.S. issuer clients must register with the PCAOB. SOX section 104 requires the PCAOB to conduct annual inspections ...

Reoccurring PCAOB findings with an increasing deficiency rate, in 2020, 2021, and 2022, included revenue, business combinations, and inventory. 2 Critical audit matters (CAMs) and audit committee ...

The Public Company Accounting Oversight Board today announced settled disciplinary orders sanctioning Raines & Fischer and three of its partners — William Fischer, Brian Uhlman and Steven Sarrel — for ...

Auditor independence has long been a foundational element of audit quality, and recent findings from the Public Company Accounting Oversight Board (PCAOB) underscore the importance of auditor ...

A report released Wednesday revealed the PCAOB’s 2024 inspection priorities. Business risks that will drive inspection priorities in 2024 include high interest rates and other inflation-related ...

The Public Company Accounting Oversight Board found problems in its first audit firm inspections in China, after reviewing the audits last year of KPMG Huazhen LLP in mainland China and ...

The PCAOB released expanded details regarding its list of priorities for 2023 audit inspections, most notably risk of fraud, risk assessment and internal controls, and auditing and accounting risks.

The Public Company Accounting Oversight Board, or PCAOB, found that deficiencies in corporate audits climbed for the second straight year in 2022, particularly for firms that have extensive ...

Three of the Big Four audit firms saw increases to the deficiency rates observed in their latest Public Company Accounting Oversight Board (PCAOB) inspection reports, while the fourth had its results ...

NEW YORK, Dec 14 (Reuters) - An audit watchdog group on Tuesday proposed fees of up to $1.2 million on the largest U.S. broker-dealers to fund auditor inspections required by the Dodd-Frank financial ...