Auditing March 4, 2026
SEC and PCAOB Enforcement Plummets
In 2025, the SEC brought 68% fewer accounting and auditing actions than in 2024, and the PCAOB finalized 27% fewer actions over the same period, according to Cornerstone Research.
SEC February 18, 2026
SEC Chair Praises Texas as Defections Threaten Corporate ‘Dexit’
In wide-ranging remarks on Feb. 17, Securities and Exchange Commission Chair Paul Atkins commented on the burgeoning trend of companies fleeing Delaware (hence the “Dexit” moniker) and re-incorporating in Texas.
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.
SEC January 29, 2026
ADM to Pay $40M Fine to Settle SEC Accounting Fraud Charges
Archer-Daniels-Midland Co. agreed to settle accounting and disclosure fraud charges for materially inflating the performance of a key ADM business segment, Nutrition, which the Chicago-based company touted to investors as an important driver of its overall growth.
SEC November 12, 2025
Column: SEC Must Be Independent, Not Beholden to Trump
The Securities and Exchange Commission cannot fulfill its statutory mission if it is viewed as subject to the political whims of the president.
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.
Accounting October 15, 2025
GM Reports $1.6B Hit From Now-Unused EV Investments
General Motors reported the loss on Oct. 14 to the Securities and Exchange Commission as what's known as an impairment charge.
SEC October 10, 2025
MassMutual Faces SEC Scrutiny Over Accounting Practices
The Wall Street Journal reported this week that the Securities and Exchange Commission has focused on how MassMutual accounts for income earned on billions of dollars in loans.
Financial Reporting September 15, 2025
Trump Again Calls to End Quarterly Earnings Reports, Hitting Corporate Fault Line
In a social media post on Monday, the president echoed comments he made during his first term to end the quarterly reports that companies issue to share financial results with investors.
PCAOB July 15, 2025
Erica Williams Resigns as PCAOB Chair
Williams will step down as chair of the Public Company Accounting Oversight Board on July 22 after she reportedly was asked to resign by SEC Chairman Paul Atkins.
SEC March 28, 2025
GOP Embraces Atkins for SEC Chair, While Dems Doubt His Judgment
Senate Banking Republicans are looking forward to Paul Atkins changing how the SEC works, while Democrats question his record.