- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The compliance and audit community have pored over PCAOB inspection data on audit firms for five years now. What does the data tell us, really? This week Compliance Week begins a special series looking at the insights that the inspection process can give—starting with how much value the disclosure of ...
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Image: The Big 4 audit firms have lost more audit clients this year than they have gained, and second-tier firms seem to be picking them up. That churn is probably due to a variety of factors, from cost to PCAOB inspection reports to ease of working relationship, but the overall ...
Image: If you want to be panicky or cynical about audit firms’ performance, citing failure rates in PCAOB inspection reports is a great way to do it. The truth is more complex. In Part II of our series looking at PCAOB inspection data, we delve into how inspections have changed ...
A company culture geared to “win business at any cost” encouraged employees of New York-based aerospace manufacturer Moog to pay bribes in India to win contracts, the Securities and Exchange Commission alleged.
