Accounting Firm Quarterly Update, Q4 2025
Client Alert | February 17, 2026
We are pleased to provide you with Gibson Dunn’s Accounting Firm Quarterly Update for Q4 2025. 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:
- PCAOB Appoints New Board Members
- White House Announces New Fraud Division
- SEC Chair and Chief Accountant Articulate Views and Priorities
- Supreme Court to Rule on SEC’s Disgorgement Power
- District Court Holds SEC Can Still Bring In-House Injunctive Actions
- DOJ’s Data Security Program Goes Into Effect
- CPAB Appoints New Chief Executive Officer
- Texas AG Identifies Certain DEI Initiatives as Potentially Illegal
- Sixth Circuit Confirms Privilege Standard for Internal Investigations
- California Will Not Enforce Climate Reporting Law Pending Appeal
- Other Recent SEC and PCAOB Developments
Please let us know if there are topics that you would be interested in seeing covered in future editions of the Update.
Warmest regards,
Jim Farrell
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, Monica Limeng Woolley, Bryan Clegg, Hayden McGovern, Nicholas Whetstone, Ty Shockley, Garrick R. Donnelly, and Jimmy Scoville.
Accounting Firm Advisory and Defense Group Chairs:
Jim Farrell – Co-Chair, New York (+1 212-351-5326, jfarrell@gibsondunn.com)
Michael Scanlon – Co-Chair, Washington, D.C.(+1 202-887-3668, mscanlon@gibsondunn.com)
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