The Securities and Exchange Commission recently released a Statement highlighting eight areas that audit committees should focus on this reporting season.
Penned by SEC Chairman Jay Clayton, Division of Corporation Finance...more
1/7/2020
/ Audit Committee ,
Audits ,
Best Practices ,
Corporate Governance ,
Critical Audit Matters (CAMs) ,
GAAP ,
ICFR ,
Independent Audits ,
Libor ,
New Guidance ,
Non-GAAP Financial Measures ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC)
Last week, the Public Company Accounting Oversight Board (PCAOB) joined the list of regulators who will, in certain circumstances, seek admissions of liability from audit firms and individuals in settlements. Although the...more
10/12/2015
/ Accounting ,
Accounting Standards ,
Admissions of Liability ,
Audit Reports ,
Audits ,
Conflicts of Interest ,
Disciplinary Proceedings ,
Independence Rules ,
Neither Admit Nor Deny Settlements ,
PCAOB ,
Recidivism ,
Settlement ,
Willful Misconduct