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Accounting & Auditing Update

The "Accounting & Auditing Update" is written by Tammy Whitehouse, a veteran business writer who has been a regular contributor to Compliance Week since 2005. Her work has also appeared in industry journals and periodicals including Journal of Business Strategy, Strategy & Leadership, Compensation & Benefits Review, Inc, Buyside, and myriad others. Whitehouse welcomes questions and comments from readers; she can be reached via e-mail at twhitehouse@complianceweek.com.
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Accounting & Auditing Update Blog
PCAOB issues more guidance on new audit disclosures
Tammy Whitehouse | August 27, 2018
The PCAOB has issued more guidance to auditors about how they should comply with requirements to add new information to audit reports.
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Accounting & Auditing Update Blog
CAQ: Control deficiencies not CAMs, but could be tied to one
Tammy Whitehouse | July 24, 2018
A significant deficiency in internal control over financial reporting will not automatically constitute a critical audit matter that auditors will have to disclose under a new auditing standard, but it could suggest auditors will disclose a CAM related to the underlying accounting, said the Center for Audit Quality.
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Accounting & Auditing Update Blog
PCAOB alerts auditors to scrutinize revenue recognition
Tammy Whitehouse | October 6, 2017
The PCAOB is putting auditors on notice to take a careful look at the work companies have done to implement the new revenue recognition standard.
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Accounting & Auditing Update Blog
SEC seeks comment on PCAOB’s ‘critical audit matter’ rule
Tammy Whitehouse | July 31, 2017
Companies with any lingering worries about the impending effects of a new audit report have one last opportunity to appeal for change.
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Accounting & Auditing Update Blog
CAQ offers blueprint for asking auditors about Form AP filings
Tammy Whitehouse | June 20, 2017
Audit committees now have some talking points on how to engage auditors and management on the audit profession's new Form AP filing requirement.
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Accounting & Auditing Update Blog
Audit committees continue incremental disclosure increases
Tammy Whitehouse | September 30, 2016
A fresh EY study of audit committee disclosures shows audit committees are still making new strides in increasing their voluntary disclosures in annual proxy statements. Tammy Whitehouse has more.
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Accounting & Auditing Update Blog
Doty: Rule on Engagement Partner ID by Year End
Tammy Whitehouse | September 10, 2015
More than a decade after regulators began mulling how to give some transparency to investors around who actually performs public company audits, PCAOB Chairman James Doty said he is hopeful that the board is on track to “get this done by the end of the year.” Doty recently said the PCAOB received 45 comment letters on its proposal to require auditors to name engagement partners. Details inside.
Displaying 7 results