The accounting profession has a unique responsibility in the United States. Regulators, investors, and the general public rely on certified public accountants to assure the integrity and credibility of corporate financial statements. At the same time,...

The Public Company Accounting Oversight Board (or PCAOB) (sometimes called "Peekaboo") is a private-sector, non-profit corporation created by the Sarbanes-Oxley Act, a 2002 United States federal law, to oversee the auditors of public companies. Its...

Kicking off the second day of the conference was William J. McDonough, chairman of the Public Company Accounting Oversight Board (PCAOB). The board, created by The Sarbanes-Oxley Act and charged with overseeing the accounting industry, has been growing rapidly, McDonough noted, from a...

An indirect attack on Sarbanes-Oxley KENNETH STARR, the zealous special prosecutor who made Monica Lewinsky a household name, is on the case again. This time it is less titillating, but may be no less consequential. Mr Starr and a team of legal...

Revisions to a landmark 2002 anti-fraud law will include relaxing some rules for small public companies in a bid to curb what they say have been excessive costs related to audits, the Securities and Exchange Commission's accounting chief said Monday.SEC Chief Accountant Conrad Hewitt said...

Big Four accounting firm Ernst & Young LLP appears to have signed off on some public-company audits without having sufficient evidence to support its opinion, according to a 2006 inspection report issued Wednesday by the Public Company Accounting Oversight Board.Ernst & Young defended its work...