All News & Events Updates

The PCAOB has revised its standard-setting agenda and added rulemaking projects to enhance investor protection.

The PCAOB has posted its first-ever inspection reports for audit firms located in mainland China and Hong Kong.

Inspections & International

The PCAOB enhances the transparency of its inspection reports with new section on auditor independence and more.

The PCAOB sanctions RT LLP for violations of rules and standards related to quality control, documentation, and Form AP requirements.

The PCAOB has released its 2022 Annual Report, which summarizes its operations and financial results from last year.

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The PCAOB has proposed to modernize PCAOB standards that address core auditing principles and responsibilities, such as due professional care and professional skepticism.

The PCAOB sanctions Friedman LLP for improper use of unregistered Chinese firms.

The PCAOB announces agenda for the March 30 meeting of its Standards and Emerging Issues Advisory Group.

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The PCAOB has named experienced prosecutor Robert E. Rice Director of its Division of Enforcement and Investigations.

About the PCAOB

The PCAOB will hold an open meeting on Tuesday, March 28, 2023, at 10:00 a.m. ET to consider issuing for public comment a proposal to modernize PCAOB standards that address core auditing principles and responsibilities.

The PCAOB announces the agenda for the March 9 meeting of its Investor Advisory Group.

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PCAOB Chair Erica Y. Williams applauds congressional action to shorten the Holding Foreign Companies Accountable Act’s timeline.

The PCAOB sanctions six firms for failing to make required disclosures.

The PCAOB sanctions EY Canada engagement partner for flawed auditing of management estimate.

The PCAOB sanctions firm and partner for numerous violations of standards related to documentation and quality control.

The PCAOB has issued for public comment a proposal to strengthen and modernize its requirements for the auditor’s use of confirmation.

The PCAOB sanctions three individuals for violating PCAOB standards on relationships between a company and its related parties.

Randy L. Thornton named the PCAOB’s Chief Human Resources Officer.

About the PCAOB

The PCAOB secures complete access to inspect and investigate Chinese firms for the first time in history.

The PCAOB will hold an open meeting on Tuesday, December 20, 2022, at 10:00 a.m. ET to consider issuing for public comment a proposal to strengthen and modernize requirements for the auditor’s use of confirmation.