The Food and Drug Administration (FDA) is the federal agency charged with ensuring the safety of foods, medications and other consumer products sold in the United States. In carrying out its duties, ...

Enhancements in audit quality and audit firms’ quality-control procedures have the PCAOB considering changes in the focus of its inspection program. Potential changes that the PCAOB is exploring for ...

The Public Company Accounting Oversight Board has issued a release to provide information to audit committees about its inspection process and how they might use the inspection reports to question ...

IN BRIEF In the course of fulfilling its mandate to protect investors, the PCAOB has conducted inspections of public firm ...

The Public Company Accounting Oversight Board released two preliminary reports Tuesday offering previews of its 2015 inspections of firms that audit publicly traded companies and broker-dealers. In ...

The regulator has said it intends to place greater weight on oversight of firms’ internal quality and control systems.

The PCAOB’s inspections of audit firms in 2020 will continue to focus on areas that have been challenging for firms in recent years, George Botic, CPA, the PCAOB’s director of Registration and ...

As part of its transparency and outreach initiative to its stakeholders, the Public Company Accounting Oversight Board (“PCAOB” or “Board”) continues to issue staff briefs to better inform the public ...

This is the question posed by Lou Gerstner in his book of the same name. Lou was the CEO charged with orchestrating the business turnaround of IBM. I too have participated in a business turnaround, ...

A watchdog agency for the accounting industry says it’s found numerous flaws in how some firms audited securities brokerages. The five-month inspection by the Public Company Accounting Oversight Board ...