All Oversight Updates

PCAOB sanctions former BF Borgers audit director for violating PCAOB rules and standards in four audits of three public companies.

PCAOB sanctions audit firm and three partners for violating PCAOB standards related to audits and examinations of a broker-dealer over multiple years.

PCAOB updates standard-setting and research agendas.

PCAOB sanctions two registered public accounting firms for improper use of unregistered firms.

PCAOB requests comment on the impact of auditing requirements related to estimates and specialists.

PCAOB sanctions former KPMG Vice Chair of Audit for failure reasonably to supervise, imposing largest individual penalty ever in a settled proceeding.

PCAOB highlights key considerations for auditors related to the invasion of Ukraine.

PCAOB shares perspective from 2021 conversations with audit committee chairs.

Audit Committees

The PCAOB will hold an open meeting on Tuesday, March 29, 2022, at 11:00 a.m. ET to consider adoption of charters for new advisory groups.

About the PCAOB

PCAOB makes HFCAA determinations regarding mainland China and Hong Kong.

PCAOB provides preview of 2020 inspection observations.

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PCAOB released staff guidance on considerations regarding the relevance and reliability of information from external sources that the auditor plans to use as audit evidence.

PCAOB solicits additional public comment on proposed new requirements for the lead auditor’s use of other auditors.

PCAOB will hold an open meeting on September 28 to consider a request for additional comment on proposed new requirements for the lead auditor’s use of other auditors.

PCAOB adopted a new rule related to the PCAOB’s responsibilities under the Holding Foreign Companies Accountable Act (HFCAA).

PCAOB will hold an open meeting on September 22 to consider adoption of a rule providing a framework related to our responsibilities under the Holding Foreign Companies Accountable Act.

PCAOB proposes rule to create framework for HFCAA determinations.

PCAOB to consider proposed rule to provide framework for HFCAA determinations.

PCAOB adopts amendments to align independence requirements with SEC rules.

PCAOB posts one settled disciplinary order.

View the orders