Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

Get updates on Compliance Week offerings, including new features, databases, research, and other resources, along with announcements of upcoming Webcasts, conferences, seminars, CPE/CLE opportunities and more.

Published every Thursday, Compliance Week Europe offers a condensed summary of risk, audit, and compliance news either originating in Europe, or of special interest to European compliance professionals. This newsletter will follow developments by the European Commission, as well as those of national governments across the region, or any U.S.-based news that might have consequence across the Atlantic. Frequency: weekly; Thursday a.m.

A fresh edition of Compliance Week delivered via e-mail and online every Tuesday morning, relentlessly focused on the disclosure, reporting and compliance requirements of our 25,000+ paying subscribers.

Published every Friday, Compliance Weekend was launched at the behest of subscribers, and offers a quick Plain English review of the week's key developments. We hope you enjoy this supplement to Compliance Week's Tuesday edition.


Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

PCAOB's Hanson on Audit Reform

Compliance Week | June 28, 2011

Jay Hanson, one of the newest members of the Public Company Accounting Oversight Board, gave a keynote address at the Compliance Week 2011 conference in Washington D.C last month, followed by a question and answer period. With so much material to cover, Hanson didn't get to many of the insightful questions members of the audience submitted. Hanson graciously agreed to answer them after the event.  

Hanson and the rest of the PCAOB board are taking up an aggressive agenda, assessing the state of the audit profession and looking for ways increase audit quality, including possible changes to the audit report.

What is the Board's assessment of the risk that as auditors discuss more about financial statements and judgments, companies will become more or overly conservative in the financial statement preparation?

The PCAOB has engaged in extensive outreach to understand if and how changes to the auditor's report could benefit... To get the full story, subscribe now.