public interest

Audit Firm Professionals Have Cheated on Ethics and Internal Training Exams

How can it be that three of the big four CPA firms were caught cheating on external and internal ethics and continuing professional education (CPE) courses, given that their role as auditors is to protect the public interest and the capital markets that rely on audited financial statements? My blog today explains what happened and […]

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Is the PCAOB Protecting the Public Interest?

Examining the POGO Report and Other Matters It’s been twenty years since the Public Company Oversight Board (PCAOB) was created by the Sarbanes-Oxley Act of 2002 (SOX). This is a good time to evaluate the mandate given to the board, its work during that period, and whether it protects the public interest. One way to

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