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 ...

Hohl was appointed chief accountant in July by SEC chair Paul Atkins, who has vowed to implement a deregulatory agenda. The ...

This has been a tumultuous year for the concept of auditor independence. Several major, aggressive enforcement actions by the Securities and Exchange Commission have pushed towards the outer limits of ...

The Securities and Exchange Commission voted Friday to adopt amendments to its longstanding auditor independence requirements, relaxing restrictions on relationships between auditors and their clients ...

Audit claims are document-intensive and often involve the use of experts to assess the CPA firm’s adherence to the standard ...

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 ...

On Oct. 16, 2020, the U.S. Securities and Exchange Commission (SEC) adopted final rules amending the auditor independence requirements of Rule 2-01 of Regulation S-X. The SEC noted that amendments to ...

Amendments adopted by the SEC this week are designed to aid in the determination of whether an auditor’s lending relationship with certain shareholders of an audit client impairs the auditor’s ...

Revised EU audit rules have formalized the Financial Reporting Council's role as the United Kingdom’s competent authority for audit. This and more developments have created a regulatory regime that is ...

Washington, D.C.--(Newsfile Corp. - October 16, 2020) - The Securities and Exchange Commission today announced that it adopted final amendments to certain auditor independence requirements in Rule ...