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EY denies audit firm split tied to $100M SEC penalty

The penalty for cheating on CPA ethics exams and misleading investigators was the largest ever levied by the commission against an accounting firm. ....

Brendan Mullin , Melissa Hodgman , Gurbir Grewal , Big Four , Exchange Commission , Ernst Young , Enforcement Division , Public Company Accounting Oversight Board , Wall Street Journal , Accounting Today , Sec Enforcement , Cpa Exam ,

Hong Kong audit regulator in talks with Beijing's Ministry of Finance about granting it access to working papers of mainland Chinese companies, chairman says

The Financial Reporting Council is exploring with the Ministry of Finance ways its staff might be allowed to inspect the audit working papers of companies located in mainland China, says chairman Kelvin Wong Tin-yau. ....

Sam Tsang , Ministry Of Finance , Hong Kong Listed , Accounting And Auditing , Financial Reporting Council , Public Company Accounting Oversight Board , Olding Foreing Companies Accountable Act ,

PCAOB sets new requirements for use of multiple audit firms

The board adopted a set of amendments to strengthen the rules that apply to audits involving multiple audit firms. ....

Ericay Williams , Exchange Commission , Public Company Accounting Oversight Board , Audit Standards , Audit Preparation ,