Auditing December 19, 2025
PCAOB Censures and Fines Texas Firm for Audit Failures
Sugar Land, TX-based accounting firm TPS Thayer was sanctioned on Dec. 4 for violations that include failing to supervise an unregistered China-based firm.
Auditing November 3, 2025
Audit Firms Aren’t Feeling the Heat From PCAOB, SEC Enforcers
Since Paul Atkins was sworn in as chair of the SEC in April and Erica Williams resigned as PCAOB chair in July, enforcement actions against audit firms have dropped considerably, according to a new report.
Auditing August 28, 2025
PCAOB Postpones Effective Date of New Quality Control Standard by One Year
The Public Company Accounting Oversight Board said the effective date for its new quality control standard—QC 1000, A Firm's System of Quality Control—which was slated for Dec. 15 of this year, will be pushed back until Dec. 15, 2026.