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To help audit firms navigate and implement the new QC 1000 standard, the Board published (i) a practice aid, (ii) a comparison document of QC 1000 with ISQM 1 and SQMS 1, and (iii) a QC 1000 webinar on its website.

Two recent First Department decisions illuminate the veil-piercing doctrine's application in New York, specifically examining what constitutes sufficient "fraud or wrong" to justify disregarding corporate form for liability purposes. These rulings apply and refine the established two-prong test for veil-piercing, offering critical insights for commercial litigation practitioners navigating corporate liability questions.