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Apr. 10, 2025
On May 13, 2025, the PCAOB will host a workshop in Washington, DC, to provide individuals at smaller audit firms who are directly responsible for implementing QC 1000 with hands-on activities.
Standards
Apr. 7, 2025
On May 1, 2025, Board Member Botic will host a forum in Jersey City for auditors of small businesses and auditors of broker-dealers.
About the PCAOB
Apr. 1, 2025
The PCAOB has released its 2024 Annual Report, which summarizes its operations and financial results from last year.
About the PCAOB
Mar. 31, 2025
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.
Inspections
Mar. 25, 2025
The PCAOB has sanctioned James Pai CPA PLLC and its sole partner for audit failures.
Enforcement
Mar. 20, 2025
The PCAOB has entered into a cooperative arrangement with the Romanian audit regulator.
International
Mar. 18, 2025
The PCAOB has announced the newly appointed and continuing members of its advisory groups.
About the PCAOB
Mar. 14, 2025
At a March 19 open meeting, PCAOB staff will discuss quality control monitoring and remediation process, as well as implementation resources for firms.
Standards
Mar. 12, 2025
The PCAOB has sanctioned PwC Singapore for violations of PCAOB rules and quality control standards.
Enforcement
Mar. 12, 2025
The PCAOB has sanctioned an engagement partner for multiple audit failures and a violation of independence requirements.
Enforcement
Mar. 11, 2025
The PCAOB announced settled disciplinary orders sanctioning nine firms from KPMG’s global network for violations of PCAOB rules and standards, including quality control standards.
Enforcement
Mar. 3, 2025
On April 3, 2025, Chair Williams will host a PCAOB forum in Chicago for auditors of small businesses and broker-dealers.
About the PCAOB
Feb. 26, 2025
The PCAOB has sanctioned a former engagement partner for violating multiple PCAOB rules and standards, including failure to cooperate with a PCAOB inspection.
Enforcement
Feb. 25, 2025
The PCAOB has sanctioned an audit firm, finding that quality control deficiencies resulted in widespread answer sharing by firm personnel on internal training tests.
Enforcement
Feb. 18, 2025
On March 18, 2025, Board Member Christina Ho will host a rescheduled PCAOB forum in Miami for auditors of small businesses and broker-dealers.
About the PCAOB
Feb. 12, 2025
The PCAOB has sanctioned an audit partner for issuing audit report before completing all necessary audit procedures.
Enforcement
Feb. 11, 2025
The PCAOB has sanctioned an audit partner for improperly and repeatedly altering workpapers in two PCAOB inspections and a PCAOB investigation.
Enforcement
Jan. 28, 2025
Continuing its efforts to support smaller audit firms, the PCAOB has launched a new online resource page: Information for Smaller Audit Firms.
About the PCAOB
Jan. 15, 2025
The PCAOB has sanctioned SS Accounting and Auditing Inc. and partner for multiple violations of PCAOB rules and standards.
Enforcement
Jan. 14, 2025
Imposing a $500,000 fine, the PCAOB has sanctioned Baker Tilly US, LLP for quality control violations.
Enforcement