• Register
Return to: Home > News > Regulation > PCAOB signs agreement with Spanish regulator

PCAOB signs agreement with Spanish regulator

The Public Company Accounting Oversight Board (PCAOB) and the Accounting and Auditing Institute (Instituto de Contabilidad y Auditoría de Cuentas) of Spain have entered into an agreement to oversee audit firms subject to both Spanish and US regulations. 

The agreement has immediate effect and allows joint inspections to be conducted this year. It also allows the exchange of confidential information between the PCAOB and the Spanish regulator.

It is the fourth agreement signed with a European Union member state.

PCAOB already has cooperative arrangements with regulators in the UK, the Netherlands and Germany as well as with the non-EU member states Switzerland and Norway.

There are16 audit firms located in Spain currently registered with the PCAOB and more than 900 worldwide, spanning 88 jurisdictions.

Top Content

    Choosing the right location can have cast-iron benefits

    As Game of Thrones, one of the biggest television shows of all time, comes to an end, Joe Pickard looks at how tax incentives offered to television and film production companies help the wider economy.

    read more

    Primary financial statements: a game changer in reporting?

    International Accounting Standards Board chair Hans Hoogervorst delivered a speech at the Seminario International sobre NIIF y NIF, organised by the Consejo Mexicano de Normas de Información Financiera in Mexico. The Accountant presents the highlights.

    read more

    FASB readies standards for the netflix generation

    The US Financial Accounting Standards Board (FASB) has updated its accounting standard for entertainment, with a specific eye on keeping up to date with how episodic content, such as television programmes, is consumed in the modern world. Jonathan Minter reports.

    read more

    Brexit: why it takes two to tango

    Former TA editor Vincent Huck, now editor of Insurance Asset Risk, looks at why Brexit might unleash geopolitical intrigue in Europe’s accounting standard-setting scene – and why IFRS 17 will be an incredible source of opportunity for firms in the coming years.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.