Demetrios Logothetis outlined his plans for revamping the PCAOB's audit firm inspection program and its new quality control ...

The Public Company Accounting Oversight Board has proposed a set of significant changes in the requirements for auditing firms' quality control systems, in a major update from the earlier standards in ...

Since 2019, as part of its strategy of enhancing transparency and accessibility through proactive stakeholder engagement, the PCAOB has been engaging with audit committee chairs at U.S. public ...

The PCAOB on Monday adopted a pair of foundational auditing standards with ties to AICPA standards. AS 1000, General Responsibilities of the Auditor in Conducting an Audit, aims to enhance and ...

The PCAOB released a new staff report designed to help audit firms remedy quality control issues cited in inspections. The report features advice for firms facing remediation following findings of ...

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Auditors of smaller public companies that have so far escaped the audit of internal control over financial reporting are getting new direction from audit regulators to assure the first audit is ...

WASHINGTON, Dec 5 (Reuters) - U.S. audit watchdog Public Company Accounting Oversight Board said on Tuesday it will meet on Dec. 19 to consider proposing a revised auditing standard for internal ...

Forbes contributors publish independent expert analyses and insights. I am the Jenkins Professor of Accounting at NC State University. A recent study published in Contemporary Accounting Research ...