The main theme of the latest Securities and Exchange Commission (SEC) and Public Company Accounting Oversights Board (PCAOB) Developments Conference was restoring public trust and investor confidence in the capital markets. Various speakers also noted the need for more transparency and improved disclosures by companies. Although there was not much discussion of strictly auditing issues, the conference provided a number of “heads-up” warnings for both auditors and preparers. What signals are the SEC and PCAOB sending right now? What's on regulators' minds? The authors report in detail about all of it.
|Number of pages||12|
|Journal||Journal of Corporate Accounting and Finance|
|State||Published - May 1 2011|