All Enforcement Updates

Feb. 21, 2024

Imposing $2 million in fines, PCAOB sanctions WithumSmith+Brown, PC for pervasive quality control violations involving SPAC audits.

Enforcement
Feb. 20, 2024

In a continuing sweep, the PCAOB has sanctioned four audit firms for violating PCAOB rules and standards related to audit committee communications.

Enforcement
Feb. 6, 2024

The PCAOB has barred and fined an engagement partner and engagement quality review partner for failures in auditing financial statements and internal controls.

Enforcement
Jan. 24, 2024

The PCAOB has sanctioned audit firm Jack Shama and its sole proprietor for audit and quality control violations.

Enforcement
Jan. 23, 2024

The PCAOB has sanctioned Haynie & Company and four of its current and former partners for audit and quality control violations.

Enforcement
Nov. 30, 2023

Imposing $7.9 million in fines, the PCAOB has sanctioned three China-based firms and four individuals in historic settlements.

Enforcement
Nov. 30, 2023

Chair Williams issues statement on the PCAOB’s enforcement orders against China-Based firms.

Enforcement
Nov. 28, 2023

The PCAOB has sanctioned three firms for failing to make required Form AP disclosures, or to do so on a timely basis.

Enforcement
Nov. 28, 2023

The PCAOB has sanctioned three firms for failing to make required disclosures on Form 3, or to do so on a timely basis.

Enforcement
Nov. 15, 2023

The PCAOB has sanctioned six audit firms for violating PCAOB rules and standards related to audit committee communications.

Enforcement
Nov. 15, 2023

The PCAOB has sanctioned Somerset CPAs, P.C. and three of its partners for violations of PCAOB rules and audit standards.

Enforcement
Nov. 15, 2023

The PCAOB has sanctioned KPMG AZSA LLC for quality control violations.

Enforcement
Nov. 14, 2023

The PCAOB has fined PwC Greece $3 million for audit violations.

Enforcement
Oct. 24, 2023

The PCAOB has sanctioned Smythe LLP for improper use of unregistered firms in four audits.

Enforcement
Sep. 26, 2023

The PCAOB has sanctioned BDO USA, P.C. and two of its partners for violations of PCAOB rules and audit standards.

Enforcement
Sep. 12, 2023

The PCAOB has sanctioned K.R. Margetson Ltd. and Keith R. Margetson for violating PCAOB audit and quality control standards.

Enforcement
Aug. 29, 2023

The PCAOB has sanctioned Warren Averett, LLC for auditor independence and quality control violations.

Enforcement
Aug. 17, 2023

The PCAOB has sanctioned AJ Robbins, CPA, LLC and Allan Jeffrie Robbins, CPA for violations of various PCAOB rules and standards.

Enforcement
Aug. 11, 2023

The PCAOB has sanctioned three audit firms for failing to report required information to the PCAOB.

Enforcement
Aug. 10, 2023

The PCAOB has sanctioned RAM Associates & Company LLC and owner for quality control and other violations.

Enforcement