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ARTICLE · 04 AUGUST 2025

Take-Aways From Accountants' Liability 2025 Conference: Navigating The Changing Regulatory Landscape And Risks From Emerging Technologies

While "uncertainty" may have been one of the most frequently used words by the powerhouse panelists over this two-day event, there was no shortage of deep discussions surrounding the most pressing issues facing auditors...

United StatesLitigation, Mediation & Arbitration

While "uncertainty" may have been one of the most frequently used words by the powerhouse panelists over this two-day event, there was no shortage of deep discussions surrounding the most pressing issues facing auditors in their crucial gatekeeper role within the capital markets.

QC 1000

One of the primary take-aways was repeated discussion and examination of QC 1000, the new Quality Control Standard adopted by the Public Company Accounting Oversight Board (PCAOB). Effective December 15, 2025, QC 1000 addresses a firm's system of quality control. A few key highlights from QC 1000 include:

  • Emphasis on accountability, firm culture, and "tone at the top." Specific requirements for firm governance roles and requirements, at the highest levels. Ties of compensation to quality;

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