All Audit Committee Updates

Jun. 23, 2023

The PCAOB sanctions Total Asia Associates PLT for violations of quality control standards, fining the firm $80,000 and revoking its PCAOB registration.

Enforcement
Jun. 22, 2023

The PCAOB sanctions Friedman LLP partners for violations of PCAOB rules and standards in audits of a China-based issuer.

Enforcement
Jun. 22, 2023

The PCAOB announces the agenda for the June 29 meeting of its Standards and Emerging Issues Advisory Group.

Enforcement
Jun. 21, 2023

At a June 26 Open Meeting, the PCAOB will consider a proposal related to technology-assisted analysis of information in electronic form.

Standards
Jun. 21, 2023

A new PCAOB staff resource for audit committees aims to facilitate dialogue on the risk of fraud and other topics.

Audit Committees
Jun. 21, 2023

Imposing $3 Million Fine and Requiring First-Ever Changes to Supervisory Structure, PCAOB Sanctions Marcum LLP for Significant Quality Control Violations.

Enforcement
Jun. 14, 2023

PCAOB staff report: auditors must respond to unique risks of crypto assets, including fraud.

Inspections
Jun. 6, 2023

The PCAOB has issued a proposal to increase auditor vigilance against fraud and other forms of noncompliance with laws and regulations.

Standards
Jun. 5, 2023

The PCAOB sanctions Barzily & Co. Certified Public Accountants for violations of quality control rules and standards, among others.

Enforcement
Jun. 1, 2023

The PCAOB announces the agenda for the June 7 meeting of its Investor Advisory Group.

About the PCAOB
May 30, 2023

The PCAOB will hold an open meeting on Tuesday June 6, 2023, at 10:00 a.m. ET to consider issuing for public comment a proposal on auditor requirements regarding noncompliance with laws and regulations.

Standards
May 16, 2023

The PCAOB has revised its standard-setting agenda and added rulemaking projects to enhance investor protection.

Standards
May 10, 2023

The PCAOB has posted its first-ever inspection reports for audit firms located in mainland China and Hong Kong.

Inspections & International
May 2, 2023

The PCAOB enhances the transparency of its inspection reports with new section on auditor independence and more.

Inspections
Apr. 25, 2023

A new PCAOB staff Spotlight reminds auditors that professional competence and skepticism are essential to quality audits.

Apr. 19, 2023

A new PCAOB staff report provides insights on audits of special purpose acquisition companies (SPACs) and de-SPAC transactions.

Inspections
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