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Wanted: Full Set of Dentures for Auditor Watchdog
The dynamics at both the PCAOB and the Big Four are horrible. The incentive at the Big Four is to keep prices down to the point at which it’s impossible for a new entrant to break into their charmed group; after all, if it means they end up cutting corners, the worst that happens is that they get gummed by the toothless PCAOB. [Felix Salmon/Reuters]
PCAOB Hopes Updating Quality Control Rules Will Maybe Prevent Audit Firms From Constantly Breaking Quality Control Rules
From the earliest days of Going Concern until most recently last month, quality control has […]
PCAOB vs Public Accounting (War)
Ed. note: This is Lee St. Mark's second submission as we chug along in the […]