All Updates and News Releases

The PCAOB Office of the Investor Advocate is alerting investors to the opportunity to provide the PCAOB Investor Advisory Group with examples of critical audit matters or key audit matters for analysis.

Information for Investors

The PCAOB has made available new downloadable datasets providing multiyear information related to PCAOB inspection findings.

The PCAOB has announced the agenda for the April 29 meeting of its Investor Advisory Group.

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The PCAOB has sanctioned Adeptus Partners LLC and a partner for violations related to supervision, review, and quality control.

The PCAOB has posted four new staff presentation videos on the components of a firm’s system of quality control. The videos are designed to help firms with the implementation of QC 1000, A Firm’s System of Quality Control.

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.

On May 1, 2025, Board Member Botic will host a forum in Jersey City for auditors of small businesses and auditors of broker-dealers.

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The PCAOB has released its 2024 Annual Report, which summarizes its operations and financial results from last year.

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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 sanctioned James Pai CPA PLLC and its sole partner for audit failures.

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 announced the newly appointed and continuing members of its advisory groups.

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At a March 19 open meeting, PCAOB staff will discuss quality control monitoring and remediation process, as well as implementation resources for firms.

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 sanctioned an engagement partner for multiple audit failures and a violation of independence requirements.

The PCAOB has sanctioned PwC Singapore for violations of PCAOB rules and quality control standards.

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.

On April 3, 2025, Chair Williams will host a PCAOB forum in Chicago for auditors of small businesses and broker-dealers.

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