J. Robert Brown criticized recent moves by the Public Company Accounting Oversight Board to strip down its research and standard-setting agendas without proper consultation. | PCAOB board member blasts agenda change | | By Michael Cohn 4 min read | | J. Robert Brown criticized recent moves by the Public Company Accounting Oversight Board to strip down its research and standard-setting agendas without proper consultation. | |
| PwC hit by $40M lawsuit from Botswana supermarket chain | | By Loni Prinsloo 2 min read | | Two senior executives at Botswana supermarket chain Choppies Enterprises Ltd. are suing former auditors PwC for 653 million rand ($40 million) for not signing off on the company’s 2018 accounts, which led to a share price collapse. | |
| SEC loosens auditor independence rules | | By Michael Cohn 4 min read | | The Securities and Exchange Commission voted to adopt amendments to its longstanding auditor independence requirements, relaxing restrictions on relationships between auditors and their clients as part of a deregulatory push by the SEC in recent years. | |
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