Our Thoughts On Archive

PCAOB Inspections Outlook for Audit Committees

The Public Company Accounting Oversight Board (PCAOB) has introduced a new strategic plan to enhance external engagement and proactive communication with

Comment Letters Surrounding New Revenue Recognition Standard Reveal Issues

Public energy companies are now one year in on their implementation of ASC 606, Revenue From Contracts With Customers, the revenue recognition guidance

What is the SEC Looking For in Your Internal Control Environment?

This Article was co-written by Nicole Saldamarco At the recent AICPA year-end conference, SEC staff members indicated that they will be looking more closely

PCAOB Amends Standards for the Use of Specialists

This article was co-written by Jonathan Grim. In response to more estimates used in financial reporting and the increased use of specialists who determine

PCAOB Adopts New Standard on Auditing Accounting Estimates

The Public Company Accounting Oversight Board (PCAOB) adopted a new standard on auditing accounting estimates. The standard is in response to the increasing

Checking in on the PCAOB in a Time of Transition

The Public Company Accounting Oversight Board (PCOAB) has experienced a transformation in recent months, including the appointment of a new chairman and