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PCAOB Audits Financial Regulatory Reform

Cooley LLP

The Coming SEC-PCAOB Merger? Arguments Against Abolishing the PCAOB

Cooley LLP on

The House Financial Services Committee voted to include a provision in the 2025 budget reconciliation bill that would abolish the PCAOB. The proposal would reassign PCAOB functions to the SEC....more

Morgan Lewis

PCAOB’s Standard-Setting Agenda: No New Adoptions of Substantive Audit Standards

Morgan Lewis on

The PCAOB’s Chief Auditor issued a new standard-setting agenda on September 30 (the Updated Agenda), which notes the following future requests for comments, but no substantive adoptions, between October 2014 and March 2015....more

Morgan Lewis

PCAOB Urges Audit Committee Scrutiny of Revenue Recognition

Morgan Lewis on

The PCAOB recently issued Staff Audit Practice Alert No. 12, which outlines significant audit deficiencies relating to revenue that PCAOB inspections have identified. ...more

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