The PCAOB announced earlier today that it will hold an open meeting next Tuesday to vote on the disclosure rules for naming the audit partner and other accounting firms that participated in the audit. I'm told that it will be a unanimous approval.
With that in mind, it's more than a little bit ironic that there's such an outpouring of auditor pride today, but it took over 6 years (and counting) to convince people that audit partners need to put their names on their work.
Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.
Comments are closed.
A few days ago the paper-pushers at the PCAOB released 15 new inspection reports and three expanded reports for the following firms: Inspection reports De Visser Gray LLP (Canada) Ernst & Young Limited Corp. (Panama) Frost, PLLC Harbourside CPA LLP (Canada) Keith K Zhen CPA Maggart & Associates, P.C Miller Wachman LLP PBMares, LLP PKF […]
First reported by Financial Times on Sunday, it seems PwC is now overly cognizant of conflicts of interest, even just the perceived ones. PwC is planning to give up tens of millions of dollars of consulting work for its US audit clients to reduce the risk of conflicts of interest, challenging its rival Big Four firms […]
