On October 24, 2024, PCAOB Chair Erica Y. Williams was sworn in at the U.S. Securities and Exchange Commission (SEC) for her second term beginning on October 25, 2024, and running through October 24, 2029.

On November 7, 2024, the PCAOB posted the agenda for its Standards and Emerging Issues Advisory Group meeting, which will take place on November 12 at 9:00 a.m. ET and will be livestreamed on the PCAOB's website.

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.

On November 8, 2024, the PCAOB announced it will hold an open meeting on November 14, 2024, at 1:00 p.m. ET, in which the Board will consider adopting a proposed rule amendment to the PCAOB's registration program.

In October, the Federal Trade Commission (FTC) unanimously voted to finalize changes to the premerger notification form and rules implementing the Hart-Scott-Rodino (HSR) Act.

On December 10, 2024, PCAOB Chair Erica Williams spoke at the AICPA & CIMA Conference on Current SEC and PCAOB Developments. She addressed the inspections program; firm culture; transparency into the inspection.

Please join Matt Biben and Olivia Radin, partners at King & Spalding, to understand how evolving AML enforcement priorities can put your organization at risk in the coming year.

In this episode, Iyad Aldalooj, CEO and Co-Founder of Penny Software shares his entrepreneurial journey with us.

On September 30, 2024, the U.S. District Court for the Southern District of New York ruled that related lawsuits seeking to hold multiple global banks liable for financing...

On July 8, 2024, the U.S. Court of Appeals for the Second Circuit reversed, in a summary order, the dismissal of fraudulent transfer claims brought by the purported contract...

On September 19, 2024, the U.S. District Court for the Southern District of New York dismissed a Section 10(b) securities fraud claim against PwC AG ("PwC Switzerland")...

On September 24, 2024, the PCAOB issued a settled order against Halpern & Associates, LLC. The PCAOB found that Halpern & Associates failed to disclose to the Board on Form 3 a reportable event

PCAOB inspectors outlined their priorities for 2025 inspections in a Staff report published on December 9, 2024. The report highlights areas of inspection considerations including audit execution challenges.

On September 25, 2024, the PCAOB released a "Spotlight" report summarizing observations from the target team's review of public companies audits that included risks related to three areas: (1) crypto

Federal agencies are asking parties to open the hood of their pre-merger transactions a little wider. On Thursday, the FTC voted unanimously to adopt a final rule seeking to reign in an acquisition market that it saw as...

On September 12, 2024, the U.S. Court of Appeals for the Eighth Circuit nixed a $563 million jury verdict against BMO Harris Bank involving claims that the bank aided and abetted...

On November 8, 2024, without admitting or denying findings, the mainland China-based firm, JTC Fair Song CPA Firm, settled with the PCAOB for repeated violations of PCAOB rules by failing to make requisite filings and for failing to cooperate with an investigation into those reporting violations.

As part of the Saudi Arabian Capital Market Authority's ("CMA") ongoing commitment to enhance investor protection and market transparency, on 21 October 2024...

On January 10, 2025, the Federal Trade Commission (FTC) announced revised jurisdictional thresholds for determining whether a proposed transaction must be reported to federal authorities...

On October 22, 2024, the PCAOB approved a settled disciplinary order sanctioning the New Jersey audit firm Yusufali & Associates LLC ("Firm") and its sole partner...