PCAOB

Retired EY Partner Tapped to Lead PCAOB

PCAOB February 2, 2026 

Retired EY Partner Tapped to Lead PCAOB

Demetrios "Jim" Logothetis, a 40-year veteran of Ernst & Young who retired as an audit partner from the Big Four firm in 2019, was picked as the new PCAOB chair by the SEC, which also appointed three new board members Jan. 30.

Jason Bramwell

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June 27, 2017 

June 2017 Accounting & Audit Channel

A SOC 2 attestation focuses on an organization’s controls in areas such as operations and compliance. It is performed in accordance with AT Section 101: Attest Engagements, and this report is generally best suited for financial services, health care ...

Mark Hurst

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May 22, 2017 

May 2017 Accounting & Audit Channel

The next generation exam, which began testing on April 1, has added additional assessment of higher-order cognitive skills that test a candidate’s critical thinking, problem solving and analytical ability. The exam also makes greater use of task-based ...

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May 16, 2017 

Overview of SOC 2 Reports and Updated Trust Principle Criteria

A SOC 2 attestation focuses on an organization’s controls in areas such as operations and compliance. It is performed in accordance with AT Section 101: Attest Engagements, and this report is generally best suited for financial services, health care ...

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April 21, 2017 

Survey Shows Doubt on Value of Mandatory Auditor Rotation

Perhaps no issue in contemporary accounting has drawn more attention than that of mandatory auditor rotation – whether companies should be required, in the cause of sound financial reporting, to periodically change audit firms or audit-firm engagement ...

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April 20, 2017 

KPMG Dismisses Head of Audit Practice, 5 Others for Conduct

The firm learned in late February, from an internal source, that an individual who had joined KPMG from the PCAOB subsequently received confidential information from a then-employee of the PCAOB, and shared that information with other KPMG personnel.

 AICPA Issues New Revenue Recognition Guide

January 17, 2017 

AICPA Issues New Revenue Recognition Guide

With companies and not-for-profit entities facing a top-to-bottom review of their revenue recognition because of a looming accounting standard, the American Institute of CPAs (AICPA) has issued the first online edition of an Audit & Accounting Guide ...

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August 2, 2016 

Is Your Firm Really Different Than Your Competition?

Virtually everyone agrees that being able to differentiate your firm is cool. Yet, very few local CPA firms are in fact, different. To be fair, the nature of what CPAs do naturally makes them look more alike than different.

 AICPA Seeking Assurance Research Proposals

July 19, 2016 

AICPA Seeking Assurance Research Proposals

ARAG, a group of practitioners and academics formed in collaboration with the American Accounting Association, will review and approve academic research proposals that address questions with a nexus to the following topics.