The Public Company Accounting Oversight Board (PCAOB), the independent
watchdog of the US accounting profession, says it will defend itself vigorously
against any legal challenge mounted against its authority granted under the
This claim comes as attorney Kenneth Starr, the famed prosecutor in the
Monica Lewinsky investigation, said his actions on behalf of Conservative
pro-business group, the Free Enterprise Fund, to challenge the legality of the
PCAOB could go all the way to the Supreme Court.
AP reported that Starr would launch a constitutional challenge to the
corporate governance rules which came about following Enron and WorldCom.
The Free Enterprise Fund is challenging the PCAOB’s power under
Sarbanes-Oxley to oversee the accounting industry, arguing that it violates the
Engineering and technology executives have voiced concerns over the government’s industrial strategy and the need to fill the R&D funding and long-term investment gap in a post-Brexit Britain
This year’s Finance Act is 649 pages, the second longest recorded, and highlights the increasing complexity for taxpayers of an ever expanding tax code
The International Integrated Reporting Council (IIRC) and the CIPFA have launched an introductory guide for leaders on integrated thinking and reporting
Accountancy Age is delighted to reveal the shortlists for the 2016 British Accountancy Awards