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SEC Chief Accountant Issues a Reminder on Fraud

Acting SEC Chief Accountant Paul Munter has released a statement emphasizing the auditor’s responsibilities for financial statement fraud....

Deloitte Updates its Audit Committee Guide

Deloitte’s Center for Board Effectiveness has released an updated version of its Audit Committee Guide (Guide). In the press release...

IFAC Reports on the State of ESG Assurance

The International Federation of Accountants (IFAC) and the Association of International Certified Professional Accountants (Association),...

SEC Adopts Pay Versus Performance Disclosure

On August 25, the SEC adopted rules requiring U.S. public companies to disclose information reflecting the relationship between executive...

2022 PCAOB Inspections Preview

The PCAOB’s inspection staff has released Spotlight: Staff Overview for Planned 2022 Inspections, its annual discussion of focus areas in...

Fueled by SPACs, Restatements Surge

Audit Analytics (AA) has released its annual report on public company restatements, 2021 Financial Restatements: A Twenty-One-Year Review....

EY Fined $100 Million for Ethics Exam Cheating

The SEC has charged Ernst & Young with violations of SEC and PCAOB rules requiring auditors that practice before the Commission to...

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