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Prompted by the multibillion-dollar Ponzi scheme perpetrated by Bernard L. Madoff, the Securities and Exchange Commission (SEC) on Wednesday unanimously proposed an amendment to the rules governing broker-dealer financial reporting intended to provide better oversight of the industry, according to Reuters.
The Public Company Accounting Oversight Board (PCAOB) announced it is looking for nominations for its Standing Advisory Group (SAG) for 2011–2012. The deadline for submissions is June 16, 2011.
The Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) released a joint study today examining how the SEC can reduce the burden of complying with Section 404(b) of the Sarbanes-Oxley Act of 2002 for companies whose public float is between $75 million and $250 million. The study was required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
See what's been happening at the SEC, the PCAOB and the GASB.
What's been happening lately at the FASB, the SEC and the PCAOB?
India-based Satyam Computer Services Ltd. and its former auditors -- all Indian affiliates of the U.S. auditing firm PricewaterhouseCoopers (PwC) -- settled with U.S. regulators on Tuesday for a combined $17.5 million to resolve the probe into what became known as “India’s Enron,” reported Reuters.
The Public Company Accounting Oversight Board (PCAOB) entered into its first cooperative agreement with Swiss accounting and auditing regulators, reported Reuters.
Find out what's been happening lately at the SEC, the IRS and the PCAOB.
Check out the latest from the PCAOB and the SEC.
Check out the latest happenings at the PCAOB, the IRS and the GASB.