- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Image: SEC Chief Accountant Jim Schnurr is encouraging preparers to communicate more with auditors and consider that tensions might be escalating because their controls aren’t up to snuff. “The ICFR issues identified by the PCAOB may not be just a problem of audit execution,” Schnurr said. “Rather, they may, at ...
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In the continually evolving battle over internal control reporting and auditing, the strategy for the next front should include better risk assessments and timely communication with auditors. Tammy Whitehouse has more.
Image: After nearly a year of moderating corporate gripes of excessive auditing driven by regulatory inspections, regulators say the answer is for companies to double down on their controls and use a little more muscle with their auditors. “Preparers are on the back end of the compliance funnel,” said Kevin ...
Waves of fallout from the collapse of cryptocurrency trading platform FTX continue to ripple, as accounting firm Prager Metis has learned.
