US audit regulator pledges to rewrite oversight rule after industry backlash
Jim Logothetis says parts of quality control standard implemented by Biden administration ‘may be unnecessary’
Related reading
Trump administration to slash pay of US audit regulators
Cuts will be used to reduce fees charged to public companies and broker-dealers
SEC weighs looser independence rules for Big Four auditors
US regulator says current interpretation limits choice for technology companies
EY hit with new investigation by UK accounting watchdog
Financial Reporting Council to examine two individuals and the firm itself over ‘unauthorised’ auditors’ reports
US Republicans’ plan to eliminate audit watchdog violates Senate rules
Ruling deals blow to the party’s deregulatory agenda as it works to pass its tax and spending bill
You can’t blame AI for mistakes, regulator tells auditors
Financial Reporting Council issues guidance stressing need for human oversight
Federal Reserve unveils plans to reduce capital rules imposed after 2008 crisis
US central bank proposes lowering ‘supplementary leverage ratio’ after extensive industry lobbying