Auditing September 5, 2023
Warren Averett Was the Recipient of a First-Ever Penalty From the PCAOB
The top 50 firm was fined $200,000 for auditor independence violations related to its membership in an accounting alliance.
Accounting September 1, 2023
Navigating ESG Reporting Pitfalls: A Guide to Mitigating Potential Failures
When properly managed and prioritized, financial, operational and legal data has the potential to contribute significant strategic value to a business that extends far beyond meeting compliance requirements.
Accounting August 18, 2023
PCAOB Gives CPA Firm AJ Robbins the Heave-Ho
AJ Robbins' PCAOB registration was permanently revoked, its owner was barred for life, and the firm was fined $150,000 for audit failures.
Accounting August 18, 2023
SEC Fines Crowe U.K. $750,000 For Poor Auditing of Music Streaming Service
In addition, Crowe U.K. CEO Nigel Bostock will pay a $25,000 penalty and senior auditor Matthew Stallabrass will fork over $10,000.
Auditing August 17, 2023
PCAOB Sees Glut of Faulty Broker-Dealer Audits
More than half of the audits of brokers and dealers inspected by the PCAOB last year had mistakes, according to a new report.
Auditing August 15, 2023
PCAOB Has Handed Out a Slew of Punishments to Audit Firms Recently
The audit watchdog doled out sanctions to 12 accounting firms from July 28 to Aug. 11 for breaking various auditing rules.
Auditing August 8, 2023
Accounting Firms Are Messing Up on Audits at an Unacceptable Rate, Says PCAOB Chair
A new report shows a year-over-year increase in the number of audits with deficiencies at firms that the PCAOB inspected in 2022.
Accounting July 20, 2023
Want to Search PCAOB Inspection Reports By How Many Screw-Ups an Audit Firm Made? You Can Now Do That
Investors and other users can now easily filter more than 3,700 PCAOB inspection reports by audit deficiency rate and more.
Accounting June 27, 2023
PCAOB Looks to Add Rules for Auditors on Technology-Assisted Analysis
The proposal would update parts of existing PCAOB standards relating to audit evidence and auditors' responses to risk.
Accounting June 21, 2023
Marcum Fined $10M by SEC and $3M by PCAOB for Shoddy Quality Controls in SPAC Audits
The top 20 firm also must make functional changes to its supervisory structure related to its system of quality control.
Auditing June 7, 2023
PCAOB Turns Up the Heat on Auditors to Find Fraud
The PCAOB wants auditors to get tougher detecting noncompliance with laws and regulations, including fraud, in public company audits.
![NJCPA[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2022/07/35479/NJCPA_1_.5db9977ebc769.png)
Accounting June 1, 2023
New Jersey Society of CPAs Names WithumSmith+Brown Partner as President for 2023-2024
O’Connell has been active at the NJCPA since joining in 1997 and has served as Secretary and Trustee.