In its typical rush to finish its term by July 4, the U.S. Supreme
Court just released an opinion in the case challenging the constitutionality of
the PCAOB, Free Enterprise Fund v. Public Company Accounting Oversight Board.
This commentary discusses the decision, considers its implications for
We waited eight hundred and eighteen (818) days to see
Price Waterhouse India held accountable for audit failure at Satyam Computer
Services, the NYSE-listed Indian IT services provider. On April 5, 2011, the Securities
and Exchang e Commission (SEC) and the Public Company Accounting Oversight
On August 19, 2013, the Public Company Accounting Oversight Board, the audit industry regulator, released its second report on its interim inspection program for auditors of brokers-dealers registered with the Securities and Exchange Commission.
The PCAOB’s second “progress” report...
On December 4 the PCAOB re-proposed a rule to require public companies to disclose the engagement partner’s name for the most recent period’s audit and the names, locations, and extent of participation of other public accounting firms that supported the completion of the audit.