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Public Company Oversight Accounting Board
Latest Headlines
Latest Headlines
Deloitte's deep regulatory influence
Is Deloitte the Goldman Sachs of the accounting industry? Few audit firms have been as controversial recently as Deloitte. Just look at the tension over the recent PCAOB rebuke of the company's audit
PCAOB looking at auditor performance
In the wake of the financial crisis, a constant refrain about the big audit companies has been some version of "Where were they?" and "How could they have blown this?" Some are miffed that more
The James Doty era at the PCAOB begins
If you read the coverage James Doty's rise to chairman of the PCAOB, you have to wonder about the state of audit quality in America. He's been making the media rounds and told Accounting Today: "Our
IPO rules more liberal after Sarbanes-Oxley
The debate about the dearth of small company IPOs in the United States has been raging ever since Sarbanes-Oxley was passed into law. Many still believe the law imposed such onerous rules and
The war on Dodd-Frank heats up
Recall that when Sarbanes-Oxley passed, it immediately became a target. People were hell-bent on getting it repealed. Over the years, the anti-Sarbox crowd kept pounding the drum, and succeeded in
Time to rethink corporate boards?
We've noted before that while Sarbanes-Oxley might have made a difference in most industries, the financial services industry stands as an exception. The big suit by the New York attorney general
How to make auditors more accountable for financial firms?
Sarbanes-Oxley has ushered in better accounting and financial control practices at many firms. Witness the reduction in restated earnings over the year among big companies. But as recent events have
PCAOB's new duty: Prevent financial meltdowns
Dodd-Frank called for the Public Company Accounting Oversight Board to expand its realm: it is now is responsible for oversight of auditors of broker-dealers, which have traditionally been beyond its
What's next for the PCAOB
Finally, the Supreme Court has had its say, and the employees of the Public Company Accounting Oversight Board ( PCAOB news) can breathe a sigh of relief, and then get right back to work. As the New
Sarbanes-Oxley remains intact
On Monday the Supreme Court handed down a decision that largely preserves the controversial Sarbanes-Oxley accounting rule. Necessitating only minor changes, the ruling maintains the Public Company
