PCAOB Enforcement Actions Decline As Board Faces Change

By Robert Cox ( February 13, 2019, 3:46 PM EST) -- After years of steadily increasing numbers of disciplinary orders made public by the Public Company Accounting Oversight Board, last year saw a 63 percent drop in settled orders. In 2018, the PCAOB made 20 settled orders public, compared with 54 settled orders made public in 2017 and 54 settled orders made public in 2016. Five adjudicated matters were posted in 2018 compared with one matter in 2017....

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