Accounting

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PCAOB Cranked Up Enforcement Activity in 2024

Auditing February 26, 2025 

PCAOB Cranked Up Enforcement Activity in 2024

Total monetary penalties levied by the Public Company Accounting Oversight Board set a new record for the third consecutive year in 2024 as the number of enforcement actions reached levels not seen since 2017, according to a new report released on Feb. 26 by Cornerstone Research. 

Jason Bramwell

FinCEN: New BOI Reporting Deadline is March 21

Accounting February 20, 2025 

FinCEN: New BOI Reporting Deadline is March 21

The beneficial ownership information reporting roller coaster that has been ongoing for the past two months because of various lawsuits is finally pulling into the station after a federal district court in Texas on Feb. 17 lifted the final nationwide injunction that had put the mandatory small business filings on hold since last December.

Jason Bramwell