Daniel GoelzerMay 23 minClimate Change is Rapidly Becoming an SEC PriorityThe SEC is signaling that disclosure concerning climate change, and ESG issues broadly, will be a priority in 2021. New SEC Chair Gary...
Daniel GoelzerMay 25 minPCAOB Releases 2021 Inspections Outlook and Audit Committee/Auditor Dialogue ToolOn April 6, the PCAOB released Spotlight: Staff Outlook for 2021 Inspections (2021 Outlook). This annual publication outlines areas the...
Daniel GoelzerMay 24 minCAQ Provides Guidance on Auditor ESG AssuranceIn July 2020, the Center for Audit Quality (CAQ) released a web-based report outlining the evolving role of auditors in ESG reporting....
Daniel GoelzerMay 24 minEY on How Audit Committees Can Prepare for First Quarter ReportingThe EY Center for Board Matters has issued How audit committees can prepare for 2021 Q1 reporting. The report notes that companies are...
Daniel GoelzerMay 23 minFERF Finds that Audit Fees Continue Their Upward MarchThe Financial Executives Research Foundation (FERF), the research affiliate of Financial Executives International (FEI), has released the...
Daniel GoelzerMay 24 minAccounting Class Actions Increase and Settlements are More ExpensiveCornerstone Research has issued its annual report on accounting class action litigation. It makes clear that suing public companies for...
Daniel GoelzerFeb 194 minThe PCAOB Speaks – With Audit Committee ChairsDuring its 2020 inspections, the Public Company Accounting Oversight Board offered the audit committee chairs of most of the U.S. public...
Daniel GoelzerFeb 194 minHow is Internal Audit Doing? The IIA Has a Tool to Help Audit Committees Answer That QuestionThe Institute of Internal Auditors (IIA) has released Internal Audit Assessment Tool for Audit Committees to assist boards and audit...
Daniel GoelzerFeb 194 minThe CAQ Summarizes CAM ReportingIn Critical Audit Matters: A Year in Review, the Center for Audit Quality (CAQ) analyzes critical audit matters (CAMs) communicated in...
Daniel GoelzerFeb 195 minLessons from SEC Enforcement on Mitigating the Risk of Financial Reporting FraudThe Anti-Fraud Collaboration (AFC), a group consisting of the Center for Audit Quality, the Institute of Internal Auditors, Financial...
Daniel GoelzerFeb 191 minWhat Should be on the Audit Committee’s 2021 Agenda? At the beginning of each year, accounting and consulting firms present their views on the issues that audit committees should focus on at...
Daniel GoelzerFeb 192 minA Study Finds That Most Boards Lack Climate ExpertiseIn his 2021 Letter to CEOs, BlackRock CEO Laurence Fink emphasized the importance of board oversight of company climate-change strategy....
Daniel GoelzerFeb 192 minBlackRock Calls for Disclosure and Board Oversight of Company Plans for the Net-Zero EconomyEach year, Laurence Fink, Chairman and CEO of BlackRock, the world’s largest asset manager, sends an open letter to corporate CEOs. Last...
Daniel GoelzerDec 30, 20202 minCongress Takes Aim at Listed Chinese Companies but Might Hit Some U.S. MultinationalsOn December 18, President Trump signed the Holding Foreign Companies Accountable Act (HFCAA). The legislation, which passed both houses...
Daniel GoelzerDec 30, 20201 minIf at First You Don’t Succeed: SEC Adopts Revised Resource Extraction Disclosure RuleOn December 16, the SEC adopted rules that will require domestic or foreign SEC-reporting companies that engage in resource extraction to...
Daniel GoelzerDec 30, 20201 minThe CAQ on Auditors and Cybersecurity DisclosureThe Center for Audi Quality has released The Role of Auditors in Company-Prepared Cybersecurity Information: Present and Future. The CAQ...
Daniel GoelzerDec 29, 20206 minSASB Can Help Companies Comply with the SEC’s Human Capital Disclosure Requirement
Daniel GoelzerDec 29, 20205 minHappy New Year! Protiviti’s 2021 Audit Committee Agenda SuggestionsWith the arrival of 2021, audit firms, consultants, and others will be offering suggestions on issues that audit committees should focus...
Daniel GoelzerDec 29, 20206 minWhat is the Audit Committee’s Role in ESG Oversight?During the past year, many public companies have focused on the opportunities and challenges that environmental, social, and governance...
