A global survey finds that inspection findings are elevated, but declining
A portion of the settlement agreement with the OSC will go to defrauded investors
The charge stemmed from using confidential lists of audit reviews to enhance the firm's results
Comments are due Jan. 2
PwC and one of the firm's partners are paying US$7.9 million to settle allegations
David Middendorf was convicted of wire fraud charges back in March
The firm was fined US$950K for failing to comply with auditor independence rules
The situation has improved generally over the past 15 years, but the CPAB sees the recent drop in reliability as a "critical concern"
Benita Warmbold is the first woman to head the audit regulator's board
Convictions stem from a scheme to access confidential information about audits