PCAOB Reaches Rule-Making Milestone Under Erica Williams’ Administration
The new standard on confirmations is the first project the board saw through from start to finish with Williams as PCAOB chair.
Audit Standards
BDO USA, Two Audit Partners Tagged with Fines for Breaking PCAOB Rules
BDO USA was fined $2 million and two of the firm’s partners were fined a total of $60,000 for failures in the 2017 audit of AAC Holdings.
PCAOB Looks to Amend Rule on Auditors’ Liability for Audit Firm Violations
The proposal would hold auditors and others more accountable when they negligently cause their firm to violate auditing standards.
The Technology Lab Podcast – Audit Technology and Data – August 2023
Technologists Randy Johnston and Brian Tankersley, CPA, talk with Jeff Gramlich of Validis about changes in audit technology and the role of data.
PCAOB Looks to Add Rules for Auditors on Technology-Assisted Analysis
The proposal would update parts of existing PCAOB standards relating to audit evidence and auditors' responses to risk.
PCAOB Turns Up the Heat on Auditors to Find Fraud
The PCAOB wants auditors to get tougher detecting noncompliance with laws and regulations, including fraud, in public company audits.
PCAOB Has a Batch of New Projects in the Works
The audit regulator revised its standard-setting agenda to include four new projects—two considered short-term and two mid-term.
The IIA Solicits Feedback on Proposed New Global Internal Audit Standards
Feedback from the public comment period will inform the continued development of the new Standards. The final Standards will be issued in late 2023 and take effect 12 months after release.