Tag Archives: Audit
Senators Call for PCAOB to Tighten Regulation on Crypto Audits
SHARE: Earlier this year, Sen. Elizabeth Warren, D-Massachusetts, and Senate Finance Committee Chairman Ron Wyden, D-Oregon, asked the Public Company Accounting Oversight Board (PCAOB) to ramp up regulations on the audits of cryptocurrency companies after high-profile companies like FTX recently went bankrupt. In a letter to PCAOB Chair Erica Williams, they highlighted the insufficient ‘proof…
Regulatory Environment Questioned
SHARE: State Board Report September In the recently released Forbes study, “The Future is Now,” researched with KPMG LLP, a survey of corporate executives found an increasing number believe the “regulatory environment” is one of the “biggest challenges to enhancing the role of audit/the auditor.” The 200 respondents surveyed in October 2016 included 46 audit…