The Public Company Accounting Oversight Board (PCAOB) has responsibility for monitoring public accounting firms that provide audits for publicly owned companies. Among the duties assigned to the PCAOB was “conducting inspections of registered public accounting firms.” A strategy for such...

Do Global companies headquartered in the United States believe that there is value in having a single set of international accounting standards fir their financial reporting? This is the question for which an answer was sought in an inquiry-based study undertaken in late summer 2001. The value...

Public accounting firms have increased their scope of services during the final two decades of the 20th century. The Securities and Exchange Commission's proposed July 2000 Revision of the Commissions' Auditor Independence Requirements included scope of services as related to non-audit services...

The drive to enhance audit quality after the cascade of audit failures in the final decades of the last century and first two years of the new century resulted in a new structure for the oversight of public accounting firms. The Public Company Accounting Oversight Board (PCAOB) was established...

Many questions are raised about the generally accepted accounting principles that guide the preparation and reporting of financial information by contemporary companies, especially those publicly-owned companies that must disclose financial information on a regular basis. Such questions raise...