Related articles
-
Blog
SEC Relaxes View on Goodwill Impairment Test Date
Staff members at the SEC are easing up their expectation on preferability letters when companies decide to change the date of their annual goodwill impairment testing. Acknowledging the judgment that goes into making such a determination, staff members will no longer request a preferability letter to be obtained and filed, ...
-
PremiumU.K. financial regulator looks to streamline audit enforcement procedures
Auditors are supposed to keep businesses honest, but how much regulation is the optimum for the auditors – and how onerous and punitive should the enforcement regime be? A new consultation by the U.K. regulator, the Financial Reporting Council, opened on Oct. 1 and has put the vexed question of ...
-
ArticlePCAOB’s Christina Ho: How emerging technologies could improve audit quality
Emerging technologies, like artificial intelligence (AI) and advanced data analytics, can improve audit quality in significant ways. As the regulatory overseer of public-company audits, the Public Company Accounting Oversight Board (PCAOB) has a critical role to play by ensuring that its audit standards evolve as the audit profession evolves.