Deloitte on How the Audit Committee Can Leverage the Disclosure Committee
Disclosure oversight is one of the key responsibilities of audit committees. This responsibility is becoming more challenging because of...
KPMG-U.K. Has Audit Committee Agenda Suggestions
The Harvard Law School Forum on Corporate Governance has published The 2024 Audit Committee agenda and the questions investors should be...
Revised 2022 PCAOB Large Firm Inspection Reports Analysis
A new version of the Update’s summary and analysis of the 2022 Public Company Accounting Standards Board’s inspection reports for the...
PCAOB Updates its Agenda and Sets its Sights on Internal Audit
The staff of the PCAOB has announced updates to the Board’s standard-setting, research, and rulemaking agendas. The Board removed two...
Read Any Good CAMs Lately? The PCAOB’s Investor Advisory Group Wants to Know
The PCAOB’s Investor Advisory Group (IAG) has requested nominations for the most decision-useful critical audit matter (CAM) or key audit...
PwC Explains Audit Committee Responsibilities under the E.U.’s CSRD
The European Union’s Corporate Sustainability Reporting Directive (CSRD) will directly impact many U.S.-based companies. According to...
Sustainability Assurance is the New Expectations Gap
Companies frequently obtain third-party assurance over portions of their sustainability reporting, and sustainability reporting rules...
PCAOB Proposes Engagement Metrics and Audit Firm Operational and Financial Reporting
On April 9, the Public Company Accounting Oversight Board issued for public comment two proposals that would significantly expand the...
Why Are Accounting Errors Increasing? Glass Lewis Has Answers and a Warning for Audit Committees
Accounting-related class actions and regulatory enforcement cases increased in 2023 (see Cornerstone: Accounting Class Actions and...
PCAOB Discloses Non-Public Portions of 2018 and 2019 KPMG Inspection Reports
The Public Company Accounting Oversight Board has made public several previously nonpublic portions of KPMG’s 2018 and 2019 inspection...
Cornerstone: Accounting Class Actions and Enforcement Cases Continue Their Upward Trend
Cornerstone Research has issued three reports on litigation involving accounting and auditing violations. Together, these reports...
SEC Puts its Climate Disclosure Rules on Hold
The SEC has issued an order staying its rules requiring public companies to disclose certain climate-related information, including...
EY Has Q1 Suggestions for Audit Committees
The EY Center for Board Matters (EY Center) has issued How audit committees can prepare for 2024 Q1 reporting. The EY Center’s paper...
Who Audits Public Companies? Mostly Ten Firms
Ideagen Audit Analytics (AA) has released its annual analysis of the market for public company auditing. 2024 who audits public...
Cybersecurity and ERM Are Top Audit Committee Priorities. ESG, Not So Much
The Center for Quality (CAQ) and the Deloitte Center for Board Effectiveness have released their third annual survey of audit committee...
Ceres Advocates Climate Disclosure Reasonable Assurance
Ceres, a nonprofit organization that works with capital market leaders to address sustainability challenges, has released Closing the...
