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On April 5, the Public Company Accounting Oversight Board levied a $100,000 fine against Scott Marcello, the former Vice Chair of Audit at KPMG.

Two sections of Craft Beverage Modernization and Tax Reform Act (CBMTRA) that were dropped from the 2017 federal tax reform law were subsequently added to the Bipartisan Budget Act of 2018.

On January 22, 2016, the Copyright Royalty Board published SoundExchange's notices of intent to audit broadcasters.

The European Commission published a non-binding Q&A on both the implementation of the directive (2006/43/EU) amending the Statutory Audit Directive (2006/43/EC).

On 27 May 2014, the directive amending the Statutory Audit Directive and a new regulation regarding the statutory audit of public interest entities were published.

On 17 November 2015, BIS published updated proposals to amend the Companies Act 2006.

Accounting judgments about revenue recognition, accruing losses and assessing fair value are principally the responsibility of management.

Rule 3520 adopted by the Public Company Accounting Oversight Board (PCAOB) requires an auditing firm and its associated persons to be independent of their audit clients.

Pharmacy Benefit Manager audits can threaten independent pharmacies with hundreds of thousands of dollars in alleged discrepancies and potential network exclusion. Through meticulous documentation review and strategic legal response, one pharmacy successfully eliminated nearly $400,000 in audit findings. Understanding the critical elements of an effective audit defense can protect pharmacies from unwarranted financial harm and regulatory consequences.

CAT Customer and Account Information System.

CMS has posted a bulletin on its Recovery Audit Contract (RAC) Initiative demonstration project. RACs are private companies that will contract with CMS to conduct analyses and audits of claims beyond those conducted by the Medicare Administrative Contractors (MACs) (formerly, Carriers and Fiscal Intermediaries).

Riveron Accounting Advisory Managing Directors Drew Niehaus, Patrick Garrett, Lara Long, Joe Haehner, and Sarah Kieffer attended day two of the AICPA & CIMA Conference...

The SEC is seeking comments regarding the proposal.

On July 25, 2025, Chairman Mark Christie announced that the Commission's Office of Enforcement is getting a new name—the Office of Enforcement and Regulatory Accounting (OERA).

FINRA proposed to eliminate Order Audit Trail System rules once member firms begin reporting to the Consolidated Audit Trail.

Recently ICE Futures US filed notice with the CFTC of amendments to its audit trail rule.

The COVID-19 pandemic continues to be, first and foremost, a public health emergency of enormous proportions.

The IRS has announced a new audit campaign targeted at the use of private aircraft, a/k/a "corporate jets". This has been an intensifying area of focus by the IRS over the last few years...