All Updates and News Releases

Chief Information and Data Officer Eric Hagopian will leave the PCAOB after more than four years of service. Evan Lee has been named Acting Chief Information Officer.

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The PCAOB sanctions Edward Turner, CPA, for noncooperation with a Board inspection and improper alteration of audit documentation. The order permanently bars Turner and imposes a $50,000 fine on him.

The PCAOB has enhanced its website with new ways for investors and others to find and understand information in inspection reports.

Raymond J. Hamm, Deputy Director of Division of Enforcement and Investigations, to leave the PCAOB.

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After over three years of service as General Counsel, Kenneth Lench will depart the PCAOB on July 14. James Cappoli has been appointed Acting General Counsel.

About the PCAOB

The PCAOB sanctions CohnReznick LLP for failing to make required disclosures on a timely basis.

Investor Bulletin - Opportunity to Comment on PCAOB Proposal on Noncompliance With Laws and Regulations

Information for Investors

The PCAOB has issued a standard-setting proposal addressing aspects of designing and performing audit procedures that involve technology-assisted analysis.

The PCAOB sanctions Total Asia Associates PLT for violations of quality control standards, fining the firm $80,000 and revoking its PCAOB registration.

The PCAOB sanctions Friedman LLP partners for violations of PCAOB rules and standards in audits of a China-based issuer.

The PCAOB announces the agenda for the June 29 meeting of its Standards and Emerging Issues Advisory Group.

At a June 26 Open Meeting, the PCAOB will consider a proposal related to technology-assisted analysis of information in electronic form.

A new PCAOB staff resource for audit committees aims to facilitate dialogue on the risk of fraud and other topics.

Audit Committees

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Imposing $3 Million Fine and Requiring First-Ever Changes to Supervisory Structure, PCAOB Sanctions Marcum LLP for Significant Quality Control Violations.

PCAOB staff report: auditors must respond to unique risks of crypto assets, including fraud.

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The PCAOB has issued a proposal to increase auditor vigilance against fraud and other forms of noncompliance with laws and regulations.

The PCAOB sanctions Barzily & Co. Certified Public Accountants for violations of quality control rules and standards, among others.

The PCAOB announces the agenda for the June 7 meeting of its Investor Advisory Group.

About the PCAOB

The PCAOB will hold an open meeting on Tuesday June 6, 2023, at 10:00 a.m. ET to consider issuing for public comment a proposal on auditor requirements regarding noncompliance with laws and regulations.

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