Research & Analysis

ORA’s research and analysis of emerging audit risks are critical in supporting the Board’s risk-based inspection approach.

The Office of Research and Analysis (ORA) supports the oversight activities of the Board. ORA assists the Division of Registration and Inspections in identifying higher risk audits and audit areas for closer consideration. It also provides risk and data analysis to support the inspection planning process.

In addition, ORA consults with the Investigations and Enforcement Divisions on technical accounting and audit matters. ORA works with the Office of the Chief Auditor, as well, to identify and communicate emerging audit practice issues through the Board’s Staff Audit Practice Alerts and other public documents.

ORA identifies and analyzes emerging audit and accounting issues that may present elevated risk of audit failure, and communicates these risks to the PCAOB’s other divisions. ORA evaluates current trends and developments affecting audit firms and their audit clients, monitors academic research on the auditing profession, and analyzes information derived from PCAOB inspections. All of these activities inform and enhance the PCAOB’s risk-based inspection program, standard setting, and enforcement activities.