By Neil Haggerty ( January 24, 2018, 22:38 GMT | Insight) -- The Public Company Accounting Oversight Board, which regulates accounting firms that audit public companies, imposed a one-year ban on senior PCAOB staff seeking employment with the firms they inspect after discovering that three inspectors may have leaked plans to KPMG, a spokesperson told MLex on Wednesday. This change and others initiated by previous PCAOB Chairman James Doty last summer after the alleged leak are now under review by the current chief, William Duhnke, who took office earlier this month.The Public Company Accounting Oversight Board, which regulates accounting firms that audit public companies, imposed a one-year ban on senior PCAOB staff seeking employment with the firms they inspect after discovering that three inspectors may have leaked plans to KPMG, a spokesperson told MLex on Wednesday....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.