For public accounting firms, there is a clear independence line between auditing the financial statements of a business and also handling the accounting. However, as the variety of consulting services ...

The Public Company Accounting Oversight Board voted Thursday to adopt a set of amendments to its auditor independence standards to align them with the Securities and Exchange Commission’s revised ...

In a staff report released on Sept. 16, the Public Company Accounting Oversight Board (PCAOB) provided some advice to accounting firms on auditor independence compliance, after the audit regulator saw ...

Lordstown Motors Corp., a manufacturer of electric vehicles focused on the commercial fleet market, settled SEC charges for “misleading investors about the sales prospects of Lordstown’s flagship ...

The Securities and Exchange Commission voted Friday to adopt amendments to its longstanding auditor independence requirements, relaxing restrictions on relationships between auditors and their clients ...

On Oct. 16, 2020, the U.S. Securities and Exchange Commission (SEC) adopted final rules amending the auditor independence requirements of Rule 2-01 of Regulation S-X. The SEC noted that amendments to ...

Washington, D.C--(Newsfile Corp. - August 27, 2019) - The Securities and Exchange Commission today charged public accounting firm RSM US LLP with violations of the agency's auditor independence rules ...

The Board of Audit and Inspection said Wednesday it found operational inefficiencies and confusion at KBS after auditing a ...

Audits are performed to verify that a company's processes and records are in compliance with standards or regulations. Among the most commonly discussed types of audits and the most stringently ...

The U.S. Securities and Exchange Commission adopted changes that relax some conflict-of-interest rules for companies and audit firms, making it easier for them to avoid violating auditor independence ...