SEC to put U.S. audit watchdog under microscope

By Sarah N. Lynch – U.S. securities regulators will question the top U.S. audit watchdog about his budget and policy priorities on Wednesday, in a rare public meeting designed to shed more transparency on the agency that has tightened the screws on the auditing profession over the past year.

The PCAOB (Public Company Accounting Oversight Board) is considering whether to limit the...