The Public Company Accounting Oversight Board issued four documents Thursday providing guidance from its staff on the new requirements for auditing accounting estimates and the auditor’s use of a ...

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. "Overall, in 2023 we ...

The PCAOB cautioned Thursday that improper alteration of audit documentation can result in severe penalties. In a staff audit practice alert, the board warned that firms and individuals have been ...

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 ...

Audit firms have opportunities to improve their cultures of accountability to promote audit quality, according to a new report from the Public Company Accounting Oversight Board (PCAOB).

The PCAOB has posted a 2023 audit committee resource that identifies a number of questions that audit committees may want “to consider amongst themselves or in discussions with their independent ...

The PCAOB recently noted that during 2019 it will provide an opportunity for audit committee chairs of certain companies whose audits are subject to inspection to “engage in a dialogue with the ...

The Public Company Accounting Oversight Board voted Thursday to adopt two attestation standards pertaining to audits of brokers and dealers, along with an auditing standard for broker-dealer audits.

PCAOB chair Erica Williams said: “Substandard audit work and inadequate quality control put investors at risk. “When violations like these occur, the PCAOB will take enforcement actions to ...

Seventy-one of the 90 broker-dealer audits inspected by the Public Company Accounting Oversight Board in 2013, or 79%, had audit deficiencies or audit-independence problems, the PCAOB said.