This study reviews the existing literature on the U.S. peer review system and the Public Company Accounting Oversight Board (PCAOB) inspection system to assess our knowledge of audit regulation. The traditional self-regulatory system of the accounting profession came to an end, in 2002, when the...

Over the past several years, Abraham Briloff's writings have caused considerable ripples in the financial community with his insistent articles in various financial journals, especially Barron's. Among the subjects of his critical commentaries have been US Financial, ITT, lOS (under Cornfeld and...