Shows
The Accounting PodcastThe $400 Million Question: Should Congress Eliminate the PCAOB?(From the Earmark Podcast)Earmark Media Presents a bonus episode of Earmark Podcast: What happens when Congress votes to eliminate the watchdog that's overseen public company audits for two decades? In this episode, Blake Oliver sits down with three leading accounting academics—Maureen McNichols from Stanford, Nemit Shroff from MIT, and Daniel Aobdia from Penn State—to examine the research behind the PCAOB's effectiveness and what elimination could mean for audit quality. You'll discover why companies with clean audit inspections can raise capital more easily, how the infamous "40% deficiency rate" actually works, and why these researchers believe dismantling the PCAOB could under...
2025-06-1050 min
Earmark Podcast | Earn Free Accounting CPEThe $400 Million Question: Should Congress Eliminate the PCAOB?What happens when Congress votes to eliminate the watchdog that's overseen public company audits for two decades? In this episode, Blake Oliver sits down with three leading accounting academics—Maureen McNichols from Stanford, Nemit Shroff from MIT, and Daniel Aobdia from Penn State—to examine the research behind the PCAOB's effectiveness and what elimination could mean for audit quality. You'll discover why companies with clean audit inspections can raise capital more easily, how the infamous "40% deficiency rate" actually works, and why these researchers believe dismantling the PCAOB could undermine trust in U.S. capital markets. The conversation reveals the hidd...
2025-06-0650 min
Stanford GSBAre Earnings Reports Obsolete?It’s easier than ever to find up-to-the-minute data on companies, says Stanford GSB professor Maureen McNichols. So why are investors in love with old-fashioned financial statements?
Read this story: http://www.gsb.stanford.edu/insights/are-earnings-reports-obsolete
2015-12-0808 min