The Audit Blog @BlogAuditor
Dan Goelzer and Tom Riesenberg blog on corporate auditing and accounting firm developments, with occasional posts on sustainability disclosure. Washington, DC Joined July 2019-
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September 2025 Audit Committee Update topics include “Next Eight” #PCAOB inspection reports, frequency of fraud at public companies, deferral of QC 1000, catnip for the plaintiffs’ bar, going concern opinions, and a drop in sustainability reporting. bit.ly/4mXvR2x
A new Audit Committee Update is on auditupdate.com. It discusses what auditors should ask before accepting a client, financial reporting fraud enforcement, #SEC’s #PCAOB Shake Up, #COSO’s withdrawal of its corporate governance framework, and more. bit.ly/3UkTdTe
A new Audit Committee Update is on auditupdate.com. It discusses audit committee AI oversight, the state of sustainability disclosure and assurance, COSO’s corporate governance framework, the PCAOB’s survival, and new FCPA guidelines. Check it out. bit.ly/4lIVJOK
This week in 1964, Case v. Borak confirmed the proxy provisions of 1934 Exchange Act contained an implied private right of action. As Frank Easterbook acerbically noted, Case v. Borak initiated a phase of Supreme Court acquiescence to the SEC. buff.ly/yqDIPD0
Little budget impact, major policy implications: 46 academics and former regulatory officials have written to the Senate Banking and Budget committees explaining why the proposal to abolish the #PCAOB via budget reconciliation violates the Byrd Rule. bit.ly/43LeidP
This week in 1933, Franklin Roosevelt signed the Securities Act of 1933, the first federal securities law. A product of his legendary “hundred days,” the measure established disclosure as the basis for securities regulation. buff.ly/oBscmgS
PCAOB’s Fate Is Uncertain. Abolishing It Could Put Audit Committees at Risk @AgendaWeek discusses yet another reason why the 2025 budget reconciliation bill provision abolishing the #PCAOB is a bad idea – it would make the #auditcommittee’s job harder. agendaweek.com/c/4864704/6626…
The 100th edition of my Audit Committee Update is now on auditupdate.com. It discusses #PCAOB conversations with #audit committee chairs, 2024 accounting class actions, new #SEC leadership, the possible end of the PCAOB, and more. bit.ly/43zE3NU
Six former #PCAOB members are urging the removal from the 2025 House budget resolution of a provision that would eliminate the PCAOB and transfer its functions to the SEC. “We strongly believe this legislation risks great harm to our capital markets.” bit.ly/4kdPvFO
Save the PCAOB! Here are my views on the proposal in the 2025 budget reconciliation to abolish the PCAOB. medium.com/the-audit-blog…
My new Audit Committee Update discusses 2024 #PCAOB inspections, the contrast between SEC and PCAOB auditing enforcement, #auditcommittee tariff issues, proposals to dial back EU sustainability reporting, and more. bit.ly/4lUbJON
📢 My analysis of the six 2024 PCAOB global network firm inspection reports is now available! Dive into the findings here: wix.to/eowCuE1 #PCAOB #AccountingNews #Audit
My new Audit Committee Update includes the 2025 CAQ/Deloitte survey of #auditcommittee practices, #PCAOB Spotlight on auditor specialist use, withdrawal of PCAOB’s engagement metrics rules, the Executive Order pausing FCPA enforcement, and more. It’s at bit.ly/4kD02LZ
The January Audit Committee Update includes items on audit fee levels, firm audit quality reports, SEC sidetracking the PCAOB’s engagement metrics, and more. Check it out at bit.ly/4azwrhG. #auditcommittee #SEC #PCAOB
What Should Be on Your Audit Committee Skills Matrix? Interesting article in @AgendaWeek on how audit committees are seeking the right balance of skills as their responsibilities expand. agendaweek.com/c/4719874/6326…
The December Audit Committee Update includes 2025 PCAOB inspection priorities, the drop-off in 2024 SEC enforcement, the link between culture and audit quality, 2025 audit committee agenda suggestions, and more. Check it out at bit.ly/4fwrAyN. #auditcommittee #SEC #PCAOB
Could Climate Assurance Reinvigorate the Audit Industry? Interesting @AgendaWeek article on how the growing demand for assurance over sustainability disclosures is attracting talent into auditing. agendaweek.com/c/4696024/6273…
The November Audit Committee Update includes PCAOB engagement performance metrics and firm reporting rules, NOCLAR on hold, SEC disclosure cases against SolarWinds data breach victims, and much more. Check it out at bit.ly/3Z7OFBw. #auditcommittee #SEC #PCAOB
Audit Chair, CEO of Fraud Detection Firm Charged with Fraud @AgendaWeek discussion of #SEC charges against Kubient’s audit committee chair. agendaweek.com/c/4667664/6215…
Join us for the PCAOB Alumni Group's upcoming event on Wednesday, November 13 at 5:30 PM at Akin, 2001 K Street, NW, Washington, DC. I will host a fireside chat with Board Member George Botic . PCAOB alums can RSVP at [email protected]. #PCAOBAlumni #PCAOB

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