All Audit Committee Updates

May 24, 2022

PCAOB sanctions former BF Borgers audit director for violating PCAOB rules and standards in four audits of three public companies.

May 11, 2022

PCAOB sanctions audit firm and three partners for violating PCAOB standards related to audits and examinations of a broker-dealer over multiple years.

May 9, 2022

PCAOB announces members of new advisory groups, sets dates for first meetings.

About the PCAOB
May 4, 2022

PCAOB updates standard-setting and research agendas.

Apr. 19, 2022

PCAOB sanctions two registered public accounting firms for improper use of unregistered firms.

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.

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.

Mar. 31, 2022

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

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.

Dec. 17, 2021

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

Dec. 16, 2021

PCAOB makes HFCAA determinations regarding mainland China and Hong Kong.

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.

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.

Sep. 28, 2021

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

Sep. 22, 2021

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