By Adrianne Appel2025-07-25T23:17:00
Securities and Exchange Commission (SEC) Chair Paul Atkins is soliciting candidates for all five seats on the Public Company Accounting Oversight Board (PCAOB), he announced Wednesday.
The move follows Atkins’ firing of PCAOB chair Erica Williams on Tuesday. Board member George Botic was named as the temporary chair by the SEC until another chair is appointed. The three remaining members of the board are Christina Ho, Kara Stein, and Anthony Thompson.
The nonprofit PCAOB, created by Congress in 2002, has been in the crosshairs of House Republicans, who aim to dismantle the board. The PCAOB oversees audits of public companies and the auditors themselves, including the biggest auditing firms.
2025-02-14T19:34:00Z By Aaron Nicodemus
A former Deloitte partner will pay $75,000 and be barred from working as a public company registered accountant for two years by the Public Company Accounting Oversight Board after violating audit standards during a 2016 audit.
2024-09-16T19:45:00Z By Aaron Nicodemus
Chinese authorities banned PwC’s Chinese unit from performing audits in the country for six months, labeling the subsidiary’s flawed audit work as complicit in the failure of giant property developer Evergrande.
2024-06-12T01:46:00Z By Kyle Brasseur
Erica Williams was reappointed to a second term as chair of the Public Company Accounting Oversight Board after an ambitious first three years in the role that have seen the agency work to update many of its standards deemed outdated.
2025-07-26T02:15:00Z By Neil Hodge
Plans to push audit firms to disclose how they use AI in audits have been broadly welcomed, but concerns remain over how corporate data is used, secured, retained, and potentially exposed.
2025-07-24T17:15:00Z By Ruth Prickett
The U.K. government promised to introduce Sustainability Reporting Standards in its manifesto. Almost a year after it came to power, it launched a consultation on June 25 on draft plans for these standards, which are largely based on those of the ISSB.
2025-07-24T14:33:00Z By Aaron Nicodemus
Companies in Florida may want to revise noncompete agreements made with highly compensated employees to take advantage of provisions in Florida’s new noncompete law, which took effect July 1.
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