Inspections

ANNUALLY INSPECTED FIRMS IN 2014
  • BDO USA, LLP
  • Crowe Horwath LLP
  • Deloitte & Touche LLP
  • Ernst & Young LLP
  • Grant Thornton LLP
  • KPMG LLP
  • MaloneBailey, LLP
  • McGladrey LLP
  • PricewaterhouseCoopers LLP

PCAOB inspects registered public accounting firms to assess compliance with the Sarbanes-Oxley Act, the rules of the Board, the rules of the Securities and Exchange Commission, and professional standards, in connection with the firm's performance of audits, issuance of audit reports, and related matters involving U.S. companies, other issuers, brokers, and dealers.

The Act requires the Board to conduct those inspections annually for firms that regularly provide audit reports for more than 100 issuers, and at least triennially for firms that regularly provide audit reports for 100 or fewer issuers.

As required by the Act, the PCAOB prepares a written report on each inspection and provides it, in appropriate detail, to the SEC and to certain state regulatory authorities. The Board also makes portions of the reports available to the public; however, certain information is restricted from public disclosure, or its disclosure is delayed, as required by the Act.