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PCAOB releases flood of fines and sanctions

November 15, 2023
in Accounting
Reading Time: 2 mins read
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PCAOB releases flood of fines and sanctions
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The Public Company Accounting Oversight Board released a number of settled disciplinary orders today for a range of violations, and imposed penalties totaling approximately $4 million across nine different firms.

The orders represent only the latest in a recent stream of disciplinary actions by the audit overseer, which has stepped up enforcement activity since Erica Williams became chair in January 2022. (See “PCAOB turns up the heat on auditors.”)

Details of the individual sweeps are included below; none of the firms involved either admitted or denied the findings in their orders.

Credit: Source link

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