The Public Company Accounting Oversight Board sanctioned an audit firm and its owner for multiple violations of PCAOB rules and standards related to inadequate audit evidence, failure in engagement quality reviews and non-compliance with reporting requirements and quality control standards.
News & Insights
335 News Results
The SEC charged a motor company for misleading investors about the company's plans to develop the first full-size electric pickup truck and separately charged the company's accounting firm for violating auditor independence rules.
The Public Company Accounting Oversight Board sanctioned four audit firms for failure to make certain required communications to issuer audit committees.
The Public Company Accounting Oversight Board sanctioned an audit firm for quality control failures after it accepted a substantial number of new SPACs as audit clients.
The PCAOB found that there is a need for significant improvement in the quality of broker-dealer "audits and attestation engagements."