U.S. Audit Watchdog to Ramp Up Enforcement, New Chairman Says
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James R. Doty, the new head of the board that oversees auditors of U.S.-registered companies, said he expects the panel to ramp up the scale and number of its enforcement actions.
Doty, 70, who took over as the chairman of the Public Company Accounting Oversight Board last week, said that the board -- which was established eight years ago -- has been building its capacity to scrutinize auditors certifying companies’ books.