
PCAOB Looks to Amend Rule on Auditors’ Liability for Audit Firm Violations
The proposal would hold auditors and others more accountable when they negligently cause their firm to violate auditing standards.
The proposal would hold auditors and others more accountable when they negligently cause their firm to violate auditing standards.
Technologists Randy Johnston and Brian Tankersley, CPA, discuss Audit Sight, a technology platform that eliminates manual work for auditors, diligence and private equity providers by automating financial transaction verification.
More than half of the audits of brokers and dealers inspected by the PCAOB last year had mistakes, according to a new report.
The audit watchdog doled out sanctions to 12 accounting firms from July 28 to Aug. 11 for breaking various auditing rules.