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Auditing

Here’s Who’s Serving on the PCAOB’s Inspections Modernization Council

PCAOB July 9, 2026 

Here’s Who’s Serving on the PCAOB’s Inspections Modernization Council

The Public Company Accounting Oversight Board on Thursday revealed the names of the 12 people who will serve on its new Inspections Modernization Council.

Featured Articles

July 9, 2026  

U.S. Judge Allows SEC-Musk Deal Despite ‘Significant Misgivings’

July 6, 2026  

AuditFile Launches E-Signatures, the Newest Addition to Its Agentic Audit Suite

July 1, 2026  

For Crucial Federal Agencies, the Veneer of Independence is Stripped Away

June 30, 2026  

Clients Who Wait for a Financial Audit Notice Pay Far More Than the Engagement Fee

June 29, 2026  

Stacey Schabel Named Global Board Chair of the Institute of Internal Auditors
Ex-PwC Auditor in SEC’s Crosshairs as Mattel Will Pay $3.5 Million Over Accounting Errors

Auditing October 24, 2022 

Ex-PwC Auditor in SEC’s Crosshairs as Mattel Will Pay $3.5 Million Over Accounting Errors

Joshua Abrahams is accused of breaking auditor independence rules in PwC’s audit of the toy-making giant.

Jason Bramwell

Spooked by Staffing Shortages? Five Tricks to Retain Your Audit Professionals

Accounting October 24, 2022 

Spooked by Staffing Shortages? Five Tricks to Retain Your Audit Professionals

Here are a few perennial problems and some suggestions on ways progressive firms can better manage their people and the process of auditing itself.

Crypto is More Attractive as SEC Gets Aggressive, Investors Say

Digital Currency October 24, 2022 

Crypto is More Attractive as SEC Gets Aggressive, Investors Say

Bitcoin will trade between $17,600 and $25,000 until the end of this year, survey of market participants shows.

Companies Issue Unrelated News When SEC 8-K Disclosure Has Bad News, Study Finds

Accounting October 20, 2022 

Companies Issue Unrelated News When SEC 8-K Disclosure Has Bad News, Study Finds

Companies that file a form 8-K containing negative info are 7% more likely to concurrently issue a press release with good news.

AICPA & CIMA Offer Resources for Audits of Pandemic Relief Funding

Accounting October 20, 2022 

AICPA & CIMA Offer Resources for Audits of Pandemic Relief Funding

The audits provide reasonable assurance to the federal government and the public that the organization complied with federal requirements subject to the audit. 

Isaac M. O'Bannon

SKP Audit Partner Gets Largest Ever Individual Fine From the PCAOB

Auditing October 18, 2022 

SKP Audit Partner Gets Largest Ever Individual Fine From the PCAOB

Jonathan Taylor was fined $150,000 and permanently barred for misleading PCAOB inspectors and investigators.

Jason Bramwell

NJCPA CEO Ralph Thomas Says He is Retiring Next Year

Accounting October 17, 2022 

NJCPA CEO Ralph Thomas Says He is Retiring Next Year

For more than two decades, Thomas has been the voice of more than 13,000 members on state and national issues.

2020-pcaob-logo-2750x900[1]

Auditing October 12, 2022 

PCAOB Adds 3 New Projects to Standard-Setting and Research Agendas

Modernizing auditing standards is one of four goals identified in the board’s draft five-year strategic plan.

Jason Bramwell

Grant Thornton Launches Fraudrisk.x to Streamline Fraud Risk Assessments

Auditing October 11, 2022 

Grant Thornton Launches Fraudrisk.x to Streamline Fraud Risk Assessments

It allows Grant Thornton’s professionals to amass and analyze a wide-ranging cross section of fraud risks factors for clients ...

PCAOB Fines Four Accounting Firms for Failing to File Form APs

Auditing October 5, 2022 

PCAOB Fines Four Accounting Firms for Failing to File Form APs

Form AP requires firms to disclose the name of the lead engagement partner on an audit.

Jason Bramwell

Ex-EY Director Agrees to Pay SEC $23,900 to Settle Insider Trading Charges

Accounting October 3, 2022 

Ex-EY Director Agrees to Pay SEC $23,900 to Settle Insider Trading Charges

Michael Weiss bought clients’ shares ahead of earnings and acquisitions announcements on four separate occasions.

Jason Bramwell

Kim Kardashian to Pay $1.26M for Crypto Promotion to Settle SEC Allegations

Digital Currency October 3, 2022 

Kim Kardashian to Pay $1.26M for Crypto Promotion to Settle SEC Allegations

Monday’s settlement says she got $250,000 for posting about EMAX tokens on her popular Instagram account.

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