All Audit Committee Updates

Apr. 14, 2022

PCAOB issues 2021 Annual Report.

About the PCAOB
Apr. 12, 2022

PCAOB requests comment on the impact of auditing requirements related to estimates and specialists.

Standards
Apr. 5, 2022

PCAOB sanctions former KPMG Vice Chair of Audit for failure reasonably to supervise, imposing largest individual penalty ever in a settled proceeding.

Enforcement
Mar. 31, 2022

PCAOB highlights key considerations for auditors related to the invasion of Ukraine.

International
Mar. 29, 2022

PCAOB approves charters for two new advisory groups.

About the PCAOB
Mar. 24, 2022

PCAOB shares perspective from 2021 conversations with audit committee chairs.

Audit Committees
Mar. 23, 2022

The PCAOB will hold an open meeting on Tuesday, March 29, 2022, at 11:00 a.m. ET to consider adoption of charters for new advisory groups.

About the PCAOB
Mar. 21, 2022

PCAOB releases Spotlight on the use of a service provider in the confirmation process.

Inspections
Dec. 17, 2021

The PCAOB released updates to its Staff Guidance on Form AP and Related Voluntary Audit Report Disclosure Under AS 3101.

Standards
Dec. 16, 2021

PCAOB makes HFCAA determinations regarding mainland China and Hong Kong.

International
Oct. 20, 2021

PCAOB posts new resources for auditors of small businesses and broker-dealers.

Broker-Dealers & Small Businesses
Oct. 18, 2021

PCAOB provides preview of 2020 inspection observations.

Inspections
Oct. 7, 2021

PCAOB released staff guidance on considerations regarding the relevance and reliability of information from external sources that the auditor plans to use as audit evidence.

Standards
Sep. 28, 2021

PCAOB solicits additional public comment on proposed new requirements for the lead auditor’s use of other auditors.

Standards
Sep. 22, 2021

PCAOB adopted a new rule related to the PCAOB’s responsibilities under the Holding Foreign Companies Accountable Act (HFCAA).

International
Sep. 20, 2021

PCAOB announces 2021 Forum for Auditors of Small Businesses and Broker-Dealers.

Broker-Dealers & Small Businesses
Sep. 16, 2021

PCAOB will hold an open meeting on September 22 to consider adoption of a rule providing a framework related to our responsibilities under the Holding Foreign Companies Accountable Act.

International
Aug. 19, 2021

PCAOB issues annual report on broker-dealer audits.

Inspections
Jun. 22, 2021

The PCAOB Acting Chairperson Duane DesParte announced that he has directed staff to reassess the organization’s stakeholder engagement efforts, including revisiting for Board consideration the structure and membership of its advisory groups.

About the PCAOB
May 6, 2021

PCAOB provides update on data and technology research project.

Standards