All Enforcement Updates

Imposing a $400,000 fine, the PCAOB has sanctioned MaloneBailey, LLP for pervasive quality control violations.

The PCAOB has sanctioned three auditors for failures relating to obtaining audit evidence, exercising professional skepticism, and other violations.

The PCAOB has imposed $2 million in fines on Deloitte Indonesia and Deloitte Philippines and barred Deloitte Philippines’ former National Professional Practice Director.

The PCAOB has imposed a record $25 million fine on KPMG Netherlands and permanently barred its former Head of Assurance.

Read Chair Williams’ remarks from press conference announcing $25 million fine on KPMG Netherlands and $2 million in fines against Deloitte Indonesia and Deloitte Philippines.

The PCAOB has sanctioned a Singapore firm for quality control violations.

The PCAOB has sanctioned five firms for violations related to audit documentation and disclosure of who worked on audits.

The PCAOB has fined PwC $2.75 million for quality control violations relating to independence.

The PCAOB has sanctioned PwC Australia for violations related to reporting and quality control monitoring requirements.

The PCAOB has sanctioned three partners of KPMG’s China affiliate for violations of audit standards.

The PCAOB has sanctioned Halperin Ilanit CPA and its owner and only partner for violations of PCAOB rules and standards in multiple issuer audits.

The PCAOB has sanctioned Gries & Associates for deficient audit work that preceded multiple financial restatements.

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

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

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

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

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

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

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

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