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SEC loosens auditor independence rules

The Securities and Exchange Commission voted to adopt amendments to its longstanding auditor independence requirements, relaxing restrictions on relationships between auditors and their clients as part of a deregulatory push by the SEC in recent years.

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PCAOB board member blasts agenda change

J. Robert Brown criticized recent moves by the Public Company Accounting Oversight Board to strip down its research and standard-setting agendas without proper consultation.

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In the blogs: Time to panic

Field audits down; streamlining taxes for social policies; bad-date boondoggle; and other highlights from our favorite tax bloggers.

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PCAOB prohibits Marcum from doing China audits

The Public Company Accounting Oversight Board imposed a $250,000 penalty on Marcum LLP and its Marcum Bernstein Pinchuk unit over audits of Chinese companies.

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IIA begins search for next CEO

The Institute of Internal Auditors has begun its formal search for a successor to longtime president and CEO Richard Chambers.

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