Public Company Accounting Oversight Board (PCAOB)
Andy Burczyk comments on PCAOB’s Audit Term Limit Debate
It’s Back! PCAOB Chairman Floats Auditor Rotation Idea Andy Burczyk, a regional attest practice leader at Mayer Hoffman McCann P.C., comments in Compliance Week on the long-standing debate the Public Company Accounting Oversight Board has on whether to impose term limits on audit firms’ engagements with public companies. In the article, Andy explains the challenge term limits [...]
Ernie Baugh Provides Insight on Possible Changes to Audit Reports
PCAOB Outlines Possible Changes to Audit Reports Ernie Baugh, national director of professional standards at Mayer Hoffman McCann P.C., comments in Compliance Week on the Public Company Accounting Oversight Board publishing a concept release last week on how to require auditors to give investors a better understanding of where they believe companies may have the greatest [...]
New PCAOB Chairman Pushes for Audit Overhaul
James R. Doty took over the chairmanship of the government regulatory board that inspects and disciplines auditing firms earlier this year. During a speech Thursday at a Baruch College financial reporting conference, Doty also discussed problems he has seen with audits of multinational companies, particularly in China, and in the way that audit firms communicate [...]
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