The Securities and Exchange Commission abruptly removed William Duhnke as chairman of the Public Company Accounting Oversight Board.
Questions:
- According to the new chair, what does this firing report to do?
- Why has the PCAOB come under recent scrutiny?
- How long has Duhnke been chair?
- According to the article, why shouldn’t PCAOB members be replaced with every change in administration?
Source:
Cohn, M. Shakeup at the PCAOB: SEC removes Duhnke, plans new board members. Accounting Today, June 4 (Retrievable online at https://www.accountingtoday.com/news/shakeup-at-the-pcaob-sec-removes-duhnke-plans-new-board-members?)