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 ...

The Public Company Accounting Oversight Board apparently is taking seriously complaints that its inspection process is driving unnecessary audit work, and therefore a burden on companies answering ...

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 Public Company Accounting Oversight Board reported Tuesday that its inspectors are finding an "unacceptable" level of problems at auditing firms, with year-over-year increases once again during ...

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 ...

Audit regulators are teeing up discussions with investors to explore growing criticisms that the regulatory approach around internal controls is out of sync with risk. The Public Company Accounting ...