The Public Company Accounting Oversight Board voted to propose an extensive set of new reporting requirements to impose on auditing firms during a meeting Tuesday, even as the auditing overseer is ...

The Public Company Accounting Oversight Board (PCAOB) released exposure draft PCAOB Release 2023-003, “Amendments to PCAOB ...

The PCAOB on Tuesday adopted amendments to its auditing standards to strengthen requirements that apply to audits involving multiple firms. The amendments are designed to improve the quality of audits ...

The Center for Audit Quality wants the Public Company Accounting Oversight Board to postpone sending two of its newly approved standards, on quality control and auditor responsibilities, to the ...

“[t]he staff have cleverly developed a mix of both principles and rules to address audit deficiencies and weaknesses that have been observed. The amended standard amplifies the lead auditor’s ...

In early June, the Public Company Accounting Oversight Board (“PCAOB” or “the Board”) proposed comprehensive amendments that impact how auditors consider noncompliance with laws and regulations, ...

For example, PCAOB auditing standards require the completion of a formal document-"Engagement Completion Document"-that acts as a road map to the audit and requires discussion of facts, evidence, and ...

WASHINGTON —The Securities and Exchange Commission Tuesday approved a pair of updates forwarded by the Public Company Accounting Oversight Board aimed at strengthening the general responsibilities of ...

The Public Company Accounting Oversight Board proposed tightening the requirements around how audit firms obtain and verify outside evidence about their clients, such as from customers and lenders, a ...

The Public Company Accounting Oversight Board (PCAOB) adopted two new standards that address key audit areas upon which it was relying on benchmarks established more than 20 years ago. The regulator ...

The SEC has approved the PCAOB’s updated standards for public company audits involving multiple firms, clearing the way for the new rules to take effect for financial statement audits for fiscal years ...

A discussion of the Public Company Accounting Oversight Board's recently proposed set of new and revised auditing standards which address a public company auditor's responsibility for considering the ...