Q3 2026 SEC Reporting: What’s Due and What’s Ahead
Q3 2026 SEC reporting is close, and the quarter is nearly over. Quarter-end reporting reflects more than the numbers. It also reflects the judgments, disclosures, and developments behind them. Most of this will feel familiar. A few items, however, tend to slip during a busy close. This post walks through what is due and what […]
Professional Skepticism in PCAOB Audits: What It Actually Requires in Practice
Published by Shah Teelani & Associates | PCAOB-Registered Audit Firm | Reg. No. 7161 Professional skepticism PCAOB auditors must apply is one of the most cited requirements in auditing standards — and one of the most consistently misapplied in practice. Every auditor understands the phrase. Far fewer apply it in the way PCAOB inspectors expect […]
Importance of Internal Controls in PCAOB Audits: What Every Public Company Must Understand
Published by Shah Teelani & Associates | PCAOB-Registered Audit Firm | Reg. No. 7161 Internal controls in PCAOB audits are not a peripheral compliance requirement. They sit at the center of every public company audit and directly determine whether investors can trust the financial statements they rely upon. Strong internal controls prevent misstatements before they […]
Building Effective Audit Committees: What Public Companies Need in 2026
Published by Shah Teelani & Associates | PCAOB-Registered Audit Firm | Reg. No. 7161 Effective audit committees are not built by filling three board seats with financially literate directors and meeting quarterly. In 2026, they require something more demanding — active, informed oversight across a risk landscape that grows more complex every reporting cycle. In […]
Corporate Governance and the Role of External Auditors in 2026
Published by Shah Teelani & Associates | PCAOB-Registered Audit Firm | Reg. No. 7161 Corporate governance and external auditors are inseparable in public company financial reporting. Every board of directors, every audit committee, and every CFO of a public company depends on the external audit function to deliver something that management alone cannot credibly provide: […]
Importance of Independence in PCAOB Auditing: What Every Public Company Must Know
Published by Shah Teelani & Associates | PCAOB-Registered Audit Firm | Reg. No. 7161 Independence in PCAOB auditing is not a formality. It is the foundation on which the entire value of a public company audit rests. Without genuine auditor independence, an audit opinion is not an independent assessment. It is management’s view, confirmed by […]
Understanding the PCAOB Inspection Process: What Really Happens
Published by Shah Teelani & Associates | PCAOB-Registered Audit Firm | Reg. No. 7161 The PCAOB inspection process is one of the most consequential regulatory mechanisms in US public company financial reporting. Yet most CFOs, audit committee members, and financial reporting teams do not fully understand what it involves. That gap carries real consequences. Inspection […]
US GAAS vs PCAOB Audits: A Detailed Comparison Every Public Company Should Read
Published by Shah Teelani & Associates | PCAOB-Registered Audit Firm | Reg. No. 7161 US GAAS vs PCAOB audits is one of the most important distinctions in American financial reporting — and one of the most consistently misunderstood. For CFOs, audit committee members, controllers, and financial reporting teams, getting this wrong carries real consequences. Engaging […]
Regulatory Framework: How the PCAOB Oversees Public Company Audits
Published by Shah Teelani & Associates | PCAOB-Registered Audit Firm | Reg. No. 7161 The PCAOB regulatory framework governs every public company audit in the United States. For CFOs, audit committees, financial controllers, and SEC filers, understanding this framework is not optional. It directly shapes how your audit is planned, executed, reviewed, and — where […]
PCAOB and AICPA Audit Standards: Key Differences Public Companies Must Know
Understanding the differences between PCAOB and AICPA audit standards is no longer optional — not in 2026. For audit committees, CFOs, financial reporting preparers, and issuers filing with the SEC, these distinctions have direct consequences on engagement planning, documentation expectations, and regulatory exposure. Both frameworks share the same foundational objective. Auditors must obtain reasonable assurance […]
