Tag Archives: PCAOB Chairman James R. Doty

Doty Says PCAOB to Underscore State Board Compliance

State Board Report November 2011 The Public Company Accounting Oversight Board will be explicitly reminding their newly registered auditing firms that registration with the PCAOB does not supersede licensing requirements that apply in the jurisdictions where they engage in practice, PCAOB Chair James R. Doty assured the State Boards in his keynote address at NASBA’s…

PCAOB Holds Roundtable on Auditor’s Report

State Board Report October 2011 A roundtable discussion on how the Public Company Accounting Oversight Board can improve the relevance and usefulness of auditors’ reporting on the results of their audits of public company financial statements was held on September 15 including 32 investors, auditors, corporate board members, financial statement preparers and academics. The discussion covered…

PCAOB Studies Audit Firm Rotation

State Board Report September 2011 Should there be a limit on the number of years a public company can use the same auditor? That is one of the basic questions raised by the Concept Release on Auditor Independence and Audit Firm Rotation (PCAOB Release No. 2011-006) issued by the Public Company Accounting Oversight Board on August…

TX Board Alerts SEC Chair

State Board Report July 2011 The Texas Board of Public Accountancy has continued its investigation into non-U.S. accountancy firms working in Texas in violation of the Texas Public Accountancy Act and has informed SEC Chairman Mary L. Schapiro and PCAOB Chairman James R. Doty of its findings. As of July 7, the Texas Board had…