- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Tim Follett has joined Weaver, the largest independent accounting firm in the Southwest, as an assurance partner in the firm’s quality and risk management group. He will focus on developing tools, resources, guidance, policies and processes associated with firm compliance, risk management, administration and operations.
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Erica Williams was reappointed to a second term as chair of the Public Company Accounting Oversight Board after an ambitious first three years in the role that have seen the agency work to update many of its standards deemed outdated.
Audit firm MaloneBailey agreed to pay a $400,000 fine to settle allegations levied by the Public Company Accounting Oversight Board over “pervasive” quality control violations.
The Public Company Accounting Oversight Board adopted two new standards that address key audit areas upon which it was relying on benchmarks established more than 20 years ago.
