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May 13, 2024
To protect investors by solidifying the foundation of every audit, the PCAOB has adopted a new standard addressing general principles and responsibilities of the auditor when conducting an audit.
Standards
May 8, 2024
At a May 13 open meeting, the PCAOB will consider adopting new standards on (1) general responsibilities of the auditor in conducting an audit and (2) quality control.
Standards
May 7, 2024
The PCAOB has sanctioned three auditors for failures relating to obtaining audit evidence, exercising professional skepticism, and other violations.
Enforcement
May 3, 2024
The PCAOB has announced the agenda for the May 9 meeting of its Standards and Emerging Issues Advisory Group.
About the PCAOB
May 2, 2024
On June 5, 2024, Board Member George R. Botic will host a PCAOB forum in Los Angeles for auditors of small businesses and broker-dealers.
About the PCAOB
Apr. 18, 2024
The PCAOB has announced the agenda for the April 24 meeting of its Investor Advisory Group.
About the PCAOB
Apr. 18, 2024
A new PCAOB staff report shares observations that can help auditors properly test information produced by companies and external sources.
Inspections
Apr. 17, 2024
The PCAOB has announced a series of in-person forums on auditing in the small business environment and on auditing broker-dealers, starting in Chicago on May 22, 2024.
About the PCAOB
Apr. 15, 2024
The PCAOB announced the appointment of Christine Gunia as Director of its Division of Registration and Inspections.
About the PCAOB
Apr. 11, 2024
The PCAOB has released its 2023 Annual Report, which summarizes its operations and financial results from last year.
About the PCAOB
Apr. 10, 2024
The PCAOB has imposed $2 million in fines on Deloitte Indonesia and Deloitte Philippines and barred Deloitte Philippines’ former National Professional Practice Director.
Enforcement
Apr. 10, 2024
The PCAOB has imposed a record $25 million fine on KPMG Netherlands and permanently barred its former Head of Assurance.
Enforcement
Apr. 10, 2024
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.
Enforcement
Apr. 9, 2024
The PCAOB has issued two proposals to (1) standardize disclosure of firm and engagement metrics and (2) modernize the PCAOB’s reporting framework.
Standards
Apr. 9, 2024
The PCAOB has sanctioned a Singapore firm for quality control violations.
Enforcement
Apr. 4, 2024
The PCAOB will hold an open meeting on Apr. 9, 2024, to consider proposals regarding (1) firm and engagement metrics and (2) firm reporting.
Standards
Mar. 28, 2024
The PCAOB has sanctioned five firms for violations related to audit documentation and disclosure of who worked on audits.
Enforcement
Mar. 28, 2024
The PCAOB has fined PwC $2.75 million for quality control violations relating to independence.
Enforcement
Mar. 28, 2024
The PCAOB has sanctioned PwC Australia for violations related to reporting and quality control monitoring requirements.
Enforcement
Mar. 20, 2024
The PCAOB has sanctioned three partners of KPMG’s China affiliate for violations of audit standards.
Enforcement