Another Active Year For PCAOB Enforcement

By Robert Cox (January 26, 2018, 2:15 PM EST) -- 2017 was another active year for the Public Company Accounting Oversight Board's Division of Enforcement and Investigations. The PCAOB made 55 settled[1] and adjudicated orders public in 2017, a slight decrease from the 59 disciplinary proceedings it made public in 2016.[2] Sanctioned firms include U.S. members of Global Network Firms, such as PricewaterhouseCoopers LLP and Grant Thornton LLP, as well as non-U.S. members of the GNFs. In 2017, the DEI continued its focus on four higher-priority areas:...

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