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Governance, Audit & Regulatory Failures

Governance failures at firms are matched by those at the audit firms and regulators tasked with assuring market integrity.

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UK FRC Probes AI Exam Cheating

by Starling Insights

Observations

May 10, 2024

The UK Financial Reporting Council (FRC) has asked Big Four audit firms to disclose measures against using generative AI to cheat on exams, as reported by the Telegraph.

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US PCAOB Fines PwC Australia for Tax Scandal Secrecy

by Starling Insights

Observations

Apr 10, 2024

The US Public Company Accounting Oversight Board (PCAOB) has fined PwC Australia $600 thousand for failing to disclose an investigation by Australia's Tax Practitioners Board for over a year, as reported by the Australian Financial Review.

All Tags USAAustralia