Public Company Accounting Oversight Board

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Grant Thornton fined $1.5 Million

04/01/2018(0)
PCAOB Announces $1.5 Million Settlement with Grant Thornton for Quality Control Violations and Audit Failures. The Public Company Accounting Oversight Board today announced a $1.5 million civil penalty and ... Read More
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Ernst & Young’s Indonesian member to pay $1 Million to settle audit failure

10/02/2017(0)
PCAOB Announces $1 Million Settlement with Indonesian Member of Ernst & Young Network for Audit Failure, Noncooperation, and Violations of Quality Control Standards Also, two audit partners were sanctioned ... Read More
PCAOB

PCAOB Annual Report on Inspections of Broker and Dealer Auditors Continues to Show High Levels of Independence Findings and Audit Deficiencies

19/08/2015(0)
The Public Company Accounting Oversight Board issued an annual report PDF on its interim inspection program for auditors of brokers and dealers registered with the Securities and Exchange Commission ... Read More
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PCAOB Cracks Down on Fraud

12/06/2014(0)
A new PCAOB standard will require auditors to probe more deeply into related-party deals, unusual transactions and executive pay. Citing “decades of financial reporting frauds,” the Public Company Accounting ... Read More
QUALITY audit

Regulators Fear Big Data Threatens Audit Quality

16/04/2014(0)
Does audit firms’ emphasis on data analytics mean that audits themselves are suffering? Regulators around the world are worried that a rise in audit firms’ consulting business and a ... Read More
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