The Public Company Accounting Oversight Board has proposed a set of significant changes in the requirements for auditing firms' quality control systems, in a major update from the earlier standards in ...

“We’ve seen the large firms dedicate significant resources toward remediating deficiencies and improving quality control systems,” said PCAOB board member Jeanette Franzel during a speech Thursday at ...

The PCAOB has announced the publication of a new paper designed to address audit committees. The paper, Audit Committee Dialogue, provides insights from inspections of public company auditors that ...

The PCAOB released a new staff report designed to help audit firms remedy quality control issues cited in inspections. The report features advice for firms facing remediation following findings of ...

What is audit quality? This is not meant as a philosophical question, but rather as one that can be answered through ...

THE ASSESSMENT OF COMPANY-LEVEL CONTROLS is a critical part of complying with section 404 of Sarbanes-Oxley. The PCAOB says public companies must assess the design and operating effectiveness of these ...

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