Recently Completed Standard-Setting Activities

The following table presents recently completed standard-setting activities. See current research and standard-setting projects

Standards Adopted Within the Last Three Years

Title Docket No. Date Adopted by PCAOB/ Approved by SEC Effective Date
Amendments to Auditing Standards for Auditor's Use of the Work of Specialists No. 44 

Dec. 20, 2018/ pending SEC approval 

Effective for audits of fiscal years ending on or after December 15, 2020. 
Auditing Acccounting Estimates, Including Fair Value Measurements, and Amendments to PCAOB Auditing Standards  No. 43 Dec. 20, 2018/ pending SEC approval  Effective for audits of fiscal years ending on or after December 15, 2020.
The Auditor's Report on an Audit of Financial Statements when the Auditor Expresses an Unqualified Opinion and Related Amendments to PCAOB Standards  No. 34  June 1, 2017/
Oct. 23, 2017

Effective for audits of fiscal years ending on or after:

  • All paragraphs except the paragraphs in the Critical Audit Matters' Section: Dec. 15, 2017
  • All paragraphs in the Critical Audit Matters' Section:
    • For audits of large accelerated filers: June 30, 2019
    • For audits of all other companies to which the requirements apply: Dec. 15, 2020