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October 1, 2023

FEI

The PCAOB May or May Not Be Trying to Stir the Pot

Edith Orenstein wondered out loud yesterday on FEI if the PCAOB is returning to its activist agenda of yore. Short of Jim Doty occupying the audit room with a bullhorn and a sign, what exactly does an "activist" PCAOB look like? She writes: Although the PCAOB dropped its proposal for audit firm rotation, the audit […]

Former SEC Chief Accountant Predictably Curmudgeony About the SEC’s New Chief Accountant

Financial Executives International (FEI) has a pretty good piece on the struggles newly-announced SEC Chief Accountant Jim Schnurr will face in his time at our favorite porn-loving securities regulator. You should go read it. Like the whole thing. Make sure you don't miss this part: Lynn E. Turner’s take on the matter, perhaps not unsurprisingly […]