Accounting Firm Quarterly Update, Q1 2024

April 22, 2024

Click for PDF

We are pleased to provide you with Gibson Dunn’s Accounting Firm Quarterly Update for Q1 2024. The Update is available in .pdf format at the below link, and addresses news on the following topics that we hope are of interest to you:

  • SEC Voluntarily Stays Climate-Disclosure Rules Pending Appellate Review
  • PCAOB Issues Proposed Rule on Firm Metric Reporting
  • SolarWinds Moves to Dismiss SEC Amended Complaint
  • Alabama Federal Court Declares Corporate Transparency Act Unconstitutional
  • SEC Adopts Final Rules Relating to SPACs
  • House Oversight Committee Examines PCAOB Treatment of China-Based Firms
  • PCAOB Proposes New Rule on False or Misleading Statements Concerning PCAOB Registration and Oversight
  • PCAOB Reopens Comment Period and Holds Roundtable on NOCLAR Proposal
  • NCLA Sues PCAOB Claiming Unconstitutional Disciplinary Proceedings
  • SEC Commissioner Speaks on Materiality and Engagement with the SEC
  • Illinois Appellate Court Issues Verein Ruling in Legal Malpractice Case
  • Southern District Rules That PCAOB Inspection Information Is Not “Property”
  • Other Recent SEC and PCAOB Enforcement and Regulatory Developments

Please let us know if there are topics that you would be interested in seeing covered in future editions of the Update.

Download Full Newsletter

Warmest regards,
Jim Farrell
Monica Loseman
Michael Scanlon

Chairs, Accounting Firm Advisory and Defense Practice Group, Gibson, Dunn & Crutcher LLP

In addition to the practice group chairs, this update was prepared by David Ware, Timothy Zimmerman, Benjamin Belair, Adrienne Tarver, and Monica Limeng Woolley.

Accounting Firm Advisory and Defense Group:

James J. Farrell – Co-Chair, New York (+1 212-351-5326, [email protected])

Monica K. Loseman – Co-Chair, Denver (+1 303-298-5784, [email protected])

Michael Scanlon – Co-Chair, Washington, D.C.(+1 202-887-3668, [email protected])

© 2023 Gibson, Dunn & Crutcher LLP.  All rights reserved.  For contact and other information, please visit us at

Attorney Advertising: These materials were prepared for general informational purposes only based on information available at the time of publication and are not intended as, do not constitute, and should not be relied upon as, legal advice or a legal opinion on any specific facts or circumstances. Gibson Dunn (and its affiliates, attorneys, and employees) shall not have any liability in connection with any use of these materials.  The sharing of these materials does not establish an attorney-client relationship with the recipient and should not be relied upon as an alternative for advice from qualified counsel.  Please note that facts and circumstances may vary, and prior results do not guarantee a similar outcome.