Audit

SEC building with official seal
Michael Cohn
April 17, 2020 5:17 PM

The Securities and Exchange Commission recently voted to exempt many smaller public companies from the Sarbanes-Oxley requirement for auditor attestations of their internal controls over financial reporting, but many companies have been able to bypass those audits anyway.

4 Min Read
caq-desk.jpg
Julie Bell Lindsay
April 7, 2020 10:31 AM

COVID-19 has created the largest health and economic crisis in decades.

3 Min Read
Businesses adjust forecast AICPA economic outlook survey chart Coronavirus covid19
Ranica Arrowsmith
March 23, 2020 11:56 PM

Existing general auditing standards can and should be complied with, despite difficulties.

3 Min Read
PCAOB logo
Michael Cohn
March 23, 2020 6:47 PM

The Public Company Accounting Oversight Board is giving firms a pause until May 11, given the difficulties businesses are facing from COVID-19.

2 Min Read
PCAOB logo
Michael Cohn
March 19, 2020 1:37 PM

Officials and employees are working from home and doing inspections of U.S. audit firms remotely to protect them from infection.

2 Min Read
SEC building with official seal
Michael Cohn
February 19, 2020 5:41 PM

Leaders of the Securities and Exchange Commission and the Public Company Accounting Oversight Board issued a joint statement Wednesday about the impact of the coronavirus on audit firms trying to operate in China.

4 Min Read
Commuters walk across London Bridge against a backdrop of Tower Bridge.
Michael Cohn
February 18, 2020 3:13 PM

The Financial Reporting Council issued guidance Tuesday about the disclosure of risks surrounding the coronavirus, and is discussing with audit firms whether the virus will affect their ability to review audits in China.

1 Min Read