All Oversight Updates
Feb. 18, 2025
On March 18, 2025, Board Member Christina Ho will host a rescheduled PCAOB forum in Miami for auditors of small businesses and broker-dealers.
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Feb. 13, 2025
The PCAOB has posted a new series of knowledge checks designed to help auditors gauge their understanding of key aspects of the PCAOB’s new quality control standard.
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Feb. 12, 2025
The PCAOB has sanctioned an audit partner for issuing audit report before completing all necessary audit procedures.
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Feb. 11, 2025
The PCAOB has sanctioned an audit partner for improperly and repeatedly altering workpapers in two PCAOB inspections and a PCAOB investigation.
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Feb. 4, 2025
A new PCAOB staff report shares reminders, good practices, and other considerations for audit firms using the work of specialists.
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Jan. 30, 2025
The PCAOB has posted a staff presentation video designed to help firms and auditors understand a firm’s risk assessment process under the PCAOB’s new quality control standard.
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Jan. 28, 2025
Continuing its efforts to support smaller audit firms, the PCAOB has launched a new online resource page: Information for Smaller Audit Firms.
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Jan. 16, 2025
A new edition of the PCAOB’s Audit Focus series provides PCAOB staff insights for auditors regarding journal entries.
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Jan. 15, 2025
The PCAOB has sanctioned SS Accounting and Auditing Inc. and partner for multiple violations of PCAOB rules and standards.
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Jan. 14, 2025
Imposing a $500,000 fine, the PCAOB has sanctioned Baker Tilly US, LLP for quality control violations.
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Dec. 5, 2024
A new PCAOB staff report on audit firm culture offers considerations for firms looking to improve audit quality.
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Dec. 4, 2024
The PCAOB has posted a staff presentation video designed to help auditors prepare for the implementation of AS 2310, The Auditor’s Use of Confirmation.
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Dec. 4, 2024
A new edition of the PCAOB’s Audit Focus series provides PCAOB staff insights for auditors on audit committee communications.
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Dec. 3, 2024
The PCAOB has sanctioned a firm and three of its partners for attempting to deceive the PCAOB’s inspection staff, among other violations.
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Dec. 3, 2024
The PCAOB has sanctioned an audit firm and its sole partner for violations of PCAOB rules and standards.
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Nov. 26, 2024
The PCAOB has posted two staff guidance documents related to the implementation of the PCAOB’s new quality control standard.
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Nov. 21, 2024
The PCAOB has adopted amendments to standardize disclosure of firm and engagement metrics and to modernize the PCAOB’s reporting framework.
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Nov. 21, 2024
The PCAOB has approved its 2025 budget to carry out its strategic plan’s goals and protect investors.
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Nov. 20, 2024
The PCAOB has completed the series of in-person forums for auditors of smaller businesses and broker-dealers planned for 2024, reflecting a renewed focus on supporting smaller audit firms.
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Nov. 19, 2024
The PCAOB has sanctioned five firms for violations of rules related to required reporting.
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