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Facebook oversight board overrules company on most cases in first test
(Reuters) - Deciding its first-ever cases, Facebook Inc's oversight board ruled on Thursday that the social media company was wrong to remove four of five pieces of content the board reviewed, including posts Facebook took down for violating rules on hate speech and harmful COVID-19 misinformation.
Reliable audit opinions don’t come cheap
Errol Oh says a lot is riding on the sturdiness of theAudit Oversight Board framework.
The AOB to enhance the standard of accounting
SBW: What sort of improvements do you hope to see now that the Audit Oversight Board (AOB) has begun operating?
Bill for dealing with errant auditors
The bill to set up the Public Company Accounting Oversight Board (PCAOB) will be tabled in March, assuming that Parliament has not been dissolved in preparation for the general election.
Big audit jobs, small firms
Errol Oh warns of surprises when the Audit Oversight Board starts operations.
AOB flexes regulatory muscles
PETALING JAYA: The Audit Oversight Board (AOB) has flexed its regulatory muscles in a surprising way when it shortened the tenure of registration for three partners of two accounting firms from the usual one year to six months. Although by no means the harshest action that the board can take, this reduction of the validity period of registration serves notice that the work of auditors of large companies is indeed under greater scrutiny than before.
Big Four among audit firms with faults
KUALA LUMPUR: The Audit Oversight Board (AOB) has pinpointed 'a number of shortcomings' after inspecting the country's six largest audit firms last year. This raises the possibility of the board finding more areas of concern when it widens its inspection coverage to include smaller firms this year.
Move to name and shame errant auditors
PETALING JAYA: The regulator of audit firms in Malaysia has raised the issue of firms not fixing problems it had raised during inspections. To put pressure on such firms, the Audit Oversight Board (AOB) will to make its inspection report public.
Families of Newtown shooting victims to each receive $281,000 in donated funds
MILFORD, Connecticut (Reuters) - Families of 20 children and six adults killed in the mass shooting at a Connecticut elementary school each will receive $281,000 (184,860 pounds) from the $11.4 million in donations, an oversight board said on Wednesday.
AOB: Firms remediation plans key
KUALA LUMPUR: Having completed two annual cycles of registering and inspecting auditors, the Audit Oversight Board (AOB) is now concentrating on ensuring that the firms come up with concrete plans to address deficiencies observed during the inspections, and that these plans are executed properly.
