The Public Company Accounting Oversight Board held a public meeting in Houston to hear feedback on its proposals for mandatory audit firm rotation and auditor independence. Processing Content Thursday ...
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 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 ...
KPMG has agreed to pay $8.2 million to settle Securities and Exchange Commission charges that the firm violated rules requiring auditors to remain independent from the public companies they’re ...
Federal banking regulators are charged with safeguarding the financial stability of the federally insured banking system. In this regard, Section 36 of the Federal Deposit Insurance Act (FDI Act) and ...
WASHINGTON, Jan 24 (Reuters) - Accounting firm KPMG will pay $8.2 million to settle civil charges that it violated independence rules by providing non-auditing services such as bookkeeping to three ...
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