8
Jan

Financial Preparers Oppose the PCAOB’s Plan for More Disclosures

The PCAOB’s proposal requiring additional information in the auditors’ report, is facing opposition from the preparers of financial statements, industry organizations and audit committees.  In a recent Journal of Accountancy article,  they reported more than 60 companies posting letters on the PCAOP’s website expressing opposition to the proposed requirements for the auditor to include descriptions of “critical […]

9
Jul

Public Company Accounting Oversight Board (PCAOB) on Integrity and Objectivity

The following is from the PCAOB’s website: The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest by promoting informative, accurate, and independent audit reports. The PCAOB also oversees the audits of broker and dealers, including compliance reports filed pursuant […]