All Audit Committee Updates
Apr. 17, 2023
Investor Bulletin - Opportunity to Comment on Proposed Standard Addressing Core Auditing Principles and Responsibilities
Information for Investors
Apr. 17, 2023
In 2023, the PCAOB’s inspections will prioritize audit risks related to fraud, the financial services sector, and crypto. Read our staff Spotlight to learn more.
Inspections
Apr. 11, 2023
The PCAOB sanctions RT LLP for violations of rules and standards related to quality control, documentation, and Form AP requirements.
Enforcement
Apr. 5, 2023
The PCAOB has released its 2022 Annual Report, which summarizes its operations and financial results from last year.
About the PCAOB
Mar. 28, 2023
The PCAOB has proposed to modernize PCAOB standards that address core auditing principles and responsibilities, such as due professional care and professional skepticism.
Standards
Mar. 27, 2023
The PCAOB sanctions Friedman LLP for improper use of unregistered Chinese firms.
Enforcement
Mar. 23, 2023
The PCAOB announces agenda for the March 30 meeting of its Standards and Emerging Issues Advisory Group.
About the PCAOB
Mar. 21, 2023
The PCAOB will hold an open meeting on Tuesday, March 28, 2023, at 10:00 a.m. ET to consider issuing for public comment a proposal to modernize PCAOB standards that address core auditing principles and responsibilities.
Standards
Mar. 8, 2023
Investor Advisory - Exercise caution with third-party verification/proof of reserve reports.
Information for Investors
Mar. 2, 2023
The PCAOB announces the agenda for the March 9 meeting of its Investor Advisory Group.
About the PCAOB
Feb. 2, 2023
The PCAOB expects firms to remedy quality control deficiencies. Read our staff report to learn more.
Inspections
Dec. 23, 2022
PCAOB Chair Erica Y. Williams applauds congressional action to shorten the Holding Foreign Companies Accountable Act’s timeline.
International
Dec. 22, 2022
The PCAOB sanctions six firms for failing to make required disclosures.
Enforcement
Dec. 22, 2022
The PCAOB sanctions EY Canada engagement partner for flawed auditing of management estimate.
Enforcement
Dec. 21, 2022
The PCAOB sanctions firm and partner for numerous violations of standards related to documentation and quality control.
Enforcement
Dec. 20, 2022
The PCAOB sanctions three individuals for violating PCAOB standards on relationships between a company and its related parties.
Enforcement
Dec. 20, 2022
The PCAOB has issued for public comment a proposal to strengthen and modernize its requirements for the auditor’s use of confirmation.
Standards
Dec. 15, 2022
The PCAOB secures complete access to inspect and investigate Chinese firms for the first time in history.
International
Dec. 12, 2022
The PCAOB will hold an open meeting on Tuesday, December 20, 2022, at 10:00 a.m. ET to consider issuing for public comment a proposal to strengthen and modernize requirements for the auditor’s use of confirmation.
Standards
Dec. 8, 2022
Audits with deficiencies increased in 2021, according to a new PCAOB staff report.
Inspections