PCAOB UPDATES

PCAOB Sees Clear Progress in Audit Quality Metrics

In the fast-paced world of finance, audits are like the bouncer at the club, if they let the wrong folks in, everyone pays. But for years, trust in those bouncers, the audit firms?...

Apr 02, 2025

5 Min Read

PCAOB UPDATES

Recent PCAOB Sanctions on Audit Firms for Audit Failures

Sometimes the red flags aren’t hidden, they’re practically doing cartwheels in front of you. And yet, this March, some auditors still managed to walk right past them. F...

Mar 27, 2025

3 Min Read

PCAOB UPDATES

PCAOB Tightens the Screws on Form AP

The Public Company Accounting Oversight Board (PCAOB) isn’t messing around regarding Form AP compliance. With its latest guidance, the regulator is doubling down on tran...

Mar 17, 2025

5 Min Read

PCAOB UPDATES

Why the PCAOB is Tightening Its Grip on Audit Specialists

There’s an old saying: “Trust, but verify.” In the world of audits, this couldn’t be more true, especially for specialists. Auditors rely on valuation exper...

Feb 07, 2025

4 Min Read

PCAOB UPDATES

The PCAOB Guide to Detecting Fraud in Journal Entries

"Numbers don’t lie, but journal entries might." This saying couldn’t ring truer when you consider the pivotal role journal entries play in financial reporting. While they might...

Jan 20, 2025

5 Min Read

PCAOB UPDATES

PCAOB Sets the Stage for 2025 Audits

When it comes to the world of auditing, communication isn’t just a cherry on top—it’s a necessity. The Public Company Accounting Oversight Board (PCAOB) knows this well, whic...

Dec 11, 2024

3 Min Read

PCAOB UPDATES

PCAOB’s Metrics Mandate Sparks AICPA Concerns

Audit transparency: a term that has long left investors scratching their heads. Sure, companies release glossy reports and auditors give their nod, but what really goes on behind t...

Nov 28, 2024

6 Min Read

PCAOB UPDATES

Auditors, Hold Your Horses! NOCLAR’s Standard Taking a Rain Check

The Public Company Accounting Oversight Board (PCAOB) recently threw a curveball at auditors, businesses, and investors by pausing its anticipated NOCLAR (Non-Compliance with Laws ...

Nov 18, 2024

4 Min Read

PCAOB UPDATES

PCAOB Pulls the Plug on Audit Firm for Bending Rules

The Public Company Accounting Oversight Board (PCAOB) recently made a significant decision to revoke the registration of JTC Fair Song CPA Firm, a Chinese auditing firm based in Sh...

Nov 12, 2024

3 Min Read

PCAOB UPDATES

PCAOB Calls Out Five Audit Firms for Violations & Reporting Slip-ups

The Public Company Accounting Oversight Board (PCAOB) just dropped the hammer on five audit firms, issuing fines totaling a hefty $165,000. Now, if you’re thinking, “What’s t...

Sep 27, 2024

3 Min Read

PCAOB Updates

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