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The Debate Over the PCAOB's Proposal to Enhance the Auditor's Reporting Model Continues

Last week, the Public Company Accounting Oversight Board (PCAOB) announced that it will host a public meeting in April 2014 in an effort to seek additional

Term Limits for Auditors of Public Companies

In February 2014, the Public Company Accounting Oversight Board (PCAOB) stated it will no longer focus on passing regulations which would ultimately impose

2013 AICPA National Conference on Current SEC and PCAOB Developments

The annual AICPA National Conference on Current SEC and PCAOB Developments was held in Washington, DC from December 9 – 11, 2013. Among the various

PCAOB Re-Proposes Amendments to Related-Party and Significant Unusual Transaction Auditing Standards

The Public Company Accounting Oversight Board (PCAOB) has re-proposed new auditing standards regarding related-party transactions and significant unusual

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Regulation Changes for Reorganizations Involving Foreign Corporations

The U.S. Treasury Department recently issued regulations with guidance on cross-border reorganizations under I.R.C. Sections 367, 1248 and 6038B. The regulations

New SEC Chair Sworn In

On April 10, 2013, Mary Jo White was sworn in as the Chair of the Securities and Exchange Commission (SEC). White will replace the interim Chair Elisse

SEC Releases Guidance on Social Media Disclosures

The SEC has decided to give formal permission for companies to use social media outlets to announce important information. This announcement mandates that

NASDAQ Proposed Rule Requires Internal Audit

As of March 4, 2013, the SEC's Division of Trading and Markets (Division) is soliciting comments regarding NASDAQ's proposed rule change requiring

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Insider Trading Hits Close to Home

Recently, the shadow of illegal insider trading hit close to home with the recent news that Berkshire Hathaway and 3G Capital Partners agreed to purchase

President Obama Nominates Mary Jo White to Chair SEC

On Thursday, January 24, 2013, in one of the first actions as part of his second term, President Obama nominated Mary Jo White, a former prosecutor from

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