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 and the Public Company Accounting Oversight Board have expressed renewed focus on public accounting firms' obligations to create and maintain a culture of ...
Labor Department leadership says the update is designed to expand retirement plans’ access to highly qualified auditors and audit firms. The U.S. Department of Labor has issued new guidance for ...
The Public Company Accounting Oversight Board imposed sanctions for the first time ever against an accounting firm, Warren Averett LLC, over auditor independence violations because it's a member of an ...
What is audit quality? This is not meant as a philosophical question, but rather as one that can be answered through ...
Auditor independence—or rather the potential absence of same—is apparently still a cause of significant agita at the SEC’s Office of Chief Accountant. In October last year, Acting Chief Accountant ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
The State Board of Accountancy has sent a formal letter to the national body that sets ethics standards for the accounting ...
THE SEC’s NEW AUDITOR INDEPENDENCE RULES could have a significant effect on some tax practitioners. The SEC includes tax among the non-audit services CPA firms provide. AS PROPOSED, THE SEC RULES PUT ...
This article highlights these changes to the Code’s independence rules and related (nonauthoritative) guidance. Note that the material in the article applies only to audits and other attest services ...