PCAOB Chairman William McDonough told corporate directors that they “need to think long and hard about the compensation of the executives who head the corporation you are sworn to protect.”
PCAOB
Posted inInternal Controls
PCAOB Internal Control Standards
On Oct. 7, The Public Company Accounting Oversight Board unanimously voted to propose and issue for public comment a standard on an audit of “internal control over financial reporting.” The Board also unanimously voted to propose and issue for public comment a rule which clearly defines terms used in auditing to assist firms in complying […]