The International Forum of Independent Audit Regulators (IFIAR) was established in September 2006 by independent audit regulators from 17 countries, including the Public Company Accounting Oversight Board (PCAOB) from the […]
PCAOB Sanctions Five Auditors for Independence and Other Violations
Recently, the Public Company Accounting Oversight Board, that oversees the audits of public companies, sanctioned five auditors for: Violating auditor independence requirements. Providing bookkeeping and auditing services to the same […]
80 Million Customers’ Personal Information at Risk – What Controls were in Place?
Anthem, Inc. which is headquartered in Indianapolis, Indiana, is an independent licensee of the Blue Cross and Blue Shield Association serving members in California, Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, […]
Again, an Auditing Firm Fails to Serve the Public Interest
Again, we’re confronted with a CPA firm that has harmed the auditing profession. This time, PricewaterhouseCoopers (PwC) was doing a consulting assignment for the Bank of Tokyo-Mitsubishi (BTMU). The New York […]