All PCAOB News
Top stories summarized by our editors

7 keys for auditors' success in a changing environment

12/21/2016

Auditors' efforts in certain key areas have led to improved quality in audits, PCAOB Director of Registration & Inspections Helen Munter said at the recent AICPA Conference on Current SEC and PCAOB Developments. Munter identified additional skills and actions that can help auditors succeed as political leadership and standards change.

7 keys for auditors' success in a changing environment

12/8/2016

Auditors' efforts in certain key areas have led to improved quality in audits, PCAOB Director of Registration & Inspections Helen Munter said Wednesday at the AICPA Conference on Current SEC and PCAOB Developments. Munter identified additional skills and actions that can help auditors succeed as political leadership and standards change.

FASB considers slowdown in standard setting

12/7/2016

Some companies and accounting firms have told the Financial Accounting Standards Board that their resources are stretched as they implement the board's numerous recently issued standards. The board is considering those concerns as it designs its agenda, FASB Chairman Russell Golden said Tuesday at the AICPA Conference on Current SEC and PCAOB Developments.

Why IFRS remains relevant in the US

12/6/2016

Knowledge and understanding of IFRS is important in the US, Securities and Exchange Commission Chief Accountant Wes Bricker said Monday at the AICPA Conference on Current SEC and PCAOB Developments. Nonetheless, Bricker said he believes the Financial Accounting Standards Board's standard-setting process best serves US capital markets.

PCAOB to cooperate with German regulator in audit oversight

8/25/2016

The Public Company Accounting Oversight Board will cooperate with the German Auditor Oversight Body in overseeing audit firms that operate under both regulators. A new agreement, announced Wednesday, is consistent with a pact the PCAOB previously had with the German regulator's predecessor organization.

PCAOB proposes revised changes to auditor's reporting model

5/12/2016

The Public Company Accounting Oversight Board voted Wednesday to propose revised changes to a standard that would modify the auditor's reporting model to give investors more information. The proposal comes in response to comments from the public.