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Governance Scandals Spur Audit Reform

Governance Scandals Spur Audit Reform

by Starling Insights

Starling Insights Editorial Board

Nov 14, 2022

Observations
Governance, Audit & Regulatory FailuresAuditChallenges in GovernanceCulture & ConsequencesUSAResilience & CulturePricing Non-Financial Risk
In the wake of severe governance failures like those surrounding the emissions scandal at Volkswagen, the US Public Company Accounting Oversight Board (PCAOB) has pledged to modernize standards that define how auditors should evaluate the risk that public company clients may have broken laws, in the course of vetting their earnings and balance sheets.

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