All Inspections Updates

The PCAOB published a staff Spotlight observing improvement in deficiency rates, along with 2024 inspection reports for the six firms in the U.S. Global Network Firms inspection category.

Investor Bulletin: Why Audits Matter

Information for Investors

The PCAOB has posted a series of three staff presentation videos designed to help auditors implement the monitoring and remediation process under QC 1000, A Firm’s System of Quality Control.

The PCAOB has entered into a cooperative arrangement with the Romanian audit regulator.

The PCAOB has published an auditor resource on Form AP, a required form that helps investors and others know who has worked on audits.

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The PCAOB has posted a new knowledge check designed to help auditors gauge their understanding of key aspects of the PCAOB’s new confirmation standard.

The PCAOB has posted a new series of knowledge checks designed to help auditors gauge their understanding of key aspects of the PCAOB’s new quality control standard.

A new PCAOB staff report shares reminders, good practices, and other considerations for audit firms using the work of specialists.

The PCAOB has posted a staff presentation video designed to help firms and auditors understand a firm’s risk assessment process under the PCAOB’s new quality control standard.

A new edition of the PCAOB’s Audit Focus series provides PCAOB staff insights for auditors regarding journal entries.

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A new PCAOB staff report on audit firm culture offers considerations for firms looking to improve audit quality.

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A new edition of the PCAOB’s Audit Focus series provides PCAOB staff insights for auditors on audit committee communications.

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The PCAOB has posted a staff presentation video designed to help auditors prepare for the implementation of AS 2310, The Auditor’s Use of Confirmation.

The PCAOB has posted two staff guidance documents related to the implementation of the PCAOB’s new quality control standard.

The PCAOB has launched a new series of staff publications, Audit Focus, with a first edition providing insights on critical audit matters.

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A new staff Spotlight publication focuses auditors on relevant considerations when performing procedures to detect, evaluate, and make communications about illegal acts by a company under audit.

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The PCAOB has published a new supplement to its staff guidance concerning the remediation process.

Investor Bulletin: Audit Committee and Independent Auditor Dialogue

Information for Investors

The PCAOB has posted three initial resources – a practice aid, comparison document, and webinar – related to the implementation of the PCAOB’s new quality control standard.

A new staff report provides observations from the PCAOB’s target team, a group of inspectors who focus on emerging audit risks and other topics.

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