{
Erica Williams

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potential threats loom over us audit regulator amid political shifts

Critics of the Public Company Accounting Oversight Board (PCAOB) see a renewed opportunity to dismantle the agency under a potential Trump administration, which may appoint officials aligned with a deregulatory agenda. The PCAOB, established post-Enron, has faced scrutiny for its increased inspections and penalties, prompting calls for a shift towards more balanced regulation. With Republicans gaining control in Congress, proposals to merge the PCAOB with the SEC could threaten its independence and effectiveness, raising concerns among industry veterans about the future of audit oversight.
@FinancialTimes
United States Dollar Financial Times Ltd.(the) Center for Audit Quality USA Julie Bell Bill Huizenga Erica Williams Joe Lynn Turner Gary Gensler Donald Trump Dan Goelzer Show more
Regulatory & Legal, News Article
16:24 03.12.2024
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