Briglia Hundley Blog

PCAOB Leadership Changes Continue. PCAOB Chief Auditor Martin Baumann joins Inspections Director Helen Munter and General Counsel Gordon Seymour in leaving the PCAOB this month. Mr. Baumann has been at the PCAOB for over 12 years. As I noted in...

PCAOB Transitions for the Future

21 May 2018

Robert Cox

Accountant’s Liability

Further to my previous post, Chairman Duhnke’s speech on May 17, 2018 to the 2018 Deloitte/University of Kansas Auditing Symposium offers several insights into the new strategic direction of the PCAOB. A central theme of his speech is that “many...

PCAOB inspection head Helen Munter steps down

21 May 2018

Robert Cox

Accountant’s Liability

Changes in leadership continue at the PCAOB as Helen Munter, Director of Registration and Inspections and Gordon Seymour, General Counsel depart this month. Ms. Munter has been with the PCAOB for 14 years, and Mr. Seymour for 15 years. The...

SEC Continues to Focus on Non-GAAP Reporting

10 May 2018

Robert Cox

Securities Enforcement and Litigation

In a speech today, Wesley Bricker, the chief accountant at the SEC, warned accountants that the SEC is keeping a watch on non-GAAP reporting. He stated that SEC rules require companies to have disclosure controls and procedures, including a policy...

PCAOB Enforcement Continues to Focus on Workpaper Alteration

10 May 2018

Robert Cox

Accountant’s Liability

Today, the PCAOB announced sanctions against three former senior partners of Deloitte Turkey, including two former chief executive officers and the former risk and reputation leader related to the firm’s improper alteration of documents in advance of a 2014 PCAOB...

Federal Appeals Court Rules That Accountant Has Right to Accounting Expert in PCAOB Interviews and Testimony

23 Mar 2018

Robert Cox

Accountant’s Liability

On March 23, 2018, the U.S. Court of Appeals for the D.C. Circuit held that the PCAOB infringed on a former EY partner’s right to counsel by unreasonably barring his accounting expert from an interview conducted by the Division of...

Supreme Court holds that state courts can continue to hear securities cases brought under federal law

20 Mar 2018

Robert Cox

Securities Enforcement and Litigation

Today, the U.S. Supreme Court ruled that state courts can continue to hear certain securities class actions brought under federal law. In Cyan, Inc. et al. v. Beaver County Employees Retirement Fund, the Supreme Court held that the Securities Litigation Uniform...

The PCAOB continues its focus on broker-dealer auditors

14 Mar 2018

Robert Cox

Accountant’s Liability

At the small firm level, the PCAOB continues to exercise its relatively new authority under Dodd-Frank to regulate auditors of broker-dealers. Most of the settled orders involving small firm auditors of broker-dealers have involved independence violations, violation of the cooling...

PCAOB Chief Auditor Martin F. Baumann to Leave the Board

PCAOB Transitions for the Future

PCAOB inspection head Helen Munter steps down

SEC Continues to Focus on Non-GAAP Reporting

PCAOB Enforcement Continues to Focus on Workpaper Alteration

Federal Appeals Court Rules That Accountant Has Right to Accounting Expert in PCAOB Interviews and Testimony

Supreme Court holds that state courts can continue to hear securities cases brought under federal law

The PCAOB continues its focus on broker-dealer auditors

Search

Recent News and Articles

Disclaimer