IN BRIEF In the course of fulfilling its mandate to protect investors, the PCAOB has conducted inspections of public firm ...

The PCAOB issued its annual report Thursday on its audits of brokers and dealers and is seeing at least one deficiency in 70% of the 103 audit engagements it reviewed in 2023. Processing Content ...

An annual PCAOB report details an increase in the percentage of broker-dealer financial reports with audit deficiencies and offers perspective on the nature of the deficiencies and advice for avoiding ...

The Public Company Accounting Oversight Board says there are significant and consistent deficiencies in auditors' evaluations of audit evidence. Processing Content According to a new spotlight report ...

The largest U.S. accounting firms had fewer deficiencies in their audits of public companies’ 2023 financial statements compared with the previous two years, the results for which their regulator had ...

The regulator has said it intends to place greater weight on oversight of firms’ internal quality and control systems.

Yesterday, the SEC approved, by a vote of three to two, a new PCAOB quality control standard, QC 1000, A Firm’s System of Quality Control, and related amendments to its standards, rules and forms.

Who watches the watchmen—or, in Fortune 500 terms, who audits the auditors? Erica Williams wants the accounting industry to know that there’s a new sheriff in town, and she’s rolling up her sleeves to ...

Citations: Aobdia, Daniel, Preeti Choudhary, Gil Sadka. 2020. Do auditors correctly identify and assess internal control deficiencies? Evidence from the PCAOB data.