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.
Accounting August 1, 2022
More Companies Obtaining Independent Assurance on Sustainability Data
61% of ESG assurance services were performed by professional accounting firms, with substantial variation in practice within different jurisdictions
Accounting July 28, 2022
PCAOB ‘Up to the Task’ of Updating Standards, Tougher Enforcement
SEC Chair Gary Gensler called out the PCAOB yesterday for being too slow to modernize old auditing standards.
Accounting July 27, 2022
Twenty Years After SOX Was Signed Into Law, SEC Chief Says ‘Who Audits the Auditors’ Still Matters
Gary Gensler said updating outdated auditing standards and strengthening auditor independence rules are still works in progress.
Accounting July 27, 2022
Four Rogue KPMG Auditors Fined £365,000
They were disciplined after an industry tribunal found they forged documents and lied during a probe into their work.
Accounting July 25, 2022
Auditors Told To Stop Staff Cheating In Their Exams
The Financial Reporting Council said it was ‘deeply concerned’ by fines levied against the likes of EY, PwC and KPMG.
Auditing July 21, 2022
IIA Honors Charlie Johnson Jr. as Outstanding Auditor
The award recognizes those who “have given unusual and outstanding service to the profession of internal auditing through participation in the activities of the IIA.”
Accounting July 18, 2022
After a Chaotic First Half, What’s on the Horizon for Forensic Accountants in 2022?
With the threat of a recession on the horizon, and the ongoing fallout of the COVID-19 pandemic still being felt, business and forensic accountants are...
Accounting July 14, 2022
Audit Board Survey Shows Critical Risks and Opportunities for Internal Audit
Given the outlook for budgets and staffing levels, most internal audit departments remain optimistic about their department’s continuing value and growth.
Accounting July 14, 2022
EZLease Offers Free Accounting Solution
EZLease, a maker of lease accounting software, is now offering a free, full-function lease management system for private and government organizations managing small lease portfolios.
Accounting July 13, 2022
Report Shows Risk Management Processes Not Keeping Pace with Growing Risks
The report found indication that adoption of ERM processes in the U.S. is on the rise. Over the last 13 years, the percentage of ...
Accounting July 11, 2022
FASB is Going to Do a Little More Research on Hedge Accounting, Statement of Cash Flows
Recent feedback from investors and other stakeholders has influenced the FASB’s research and technical agendas.
Accounting July 8, 2022
California Accountant Sentenced to 29 Months in Prison For Defrauding Two Former Employers
Stephanie Simontacchi, 48, was sentenced to more than two years in federal prison on July 1 for bank fraud, embezzlement of credit union funds, and tax evasion.