All Updates and News Releases

Nov. 28, 2023

The PCAOB has sanctioned three firms for failing to make required disclosures on Form 3, or to do so on a timely basis.

Enforcement
Nov. 16, 2023

The PCAOB approved its 2024 budget to carry out its strategic plan’s goals and protect investors.

About the PCAOB
Nov. 15, 2023

The PCAOB has sanctioned six audit firms for violating PCAOB rules and standards related to audit committee communications.

Enforcement
Nov. 15, 2023

The PCAOB has sanctioned Somerset CPAs, P.C. and three of its partners for violations of PCAOB rules and audit standards.

Enforcement
Nov. 15, 2023

The PCAOB has sanctioned KPMG AZSA LLC for quality control violations.

Enforcement
Nov. 14, 2023

The PCAOB has fined PwC Greece $3 million for audit violations.

Enforcement
Nov. 9, 2023

The PCAOB will hold an open meeting at 10:00 a.m. ET on Thursday, November 16, 2023, to consider its 2024 budget.

About the PCAOB
Nov. 8, 2023

Today, the PCAOB concluded its 2023 International Institute on Audit Regulation in Washington, DC. This year’s event drew together nearly 90 officials from audit regulators in 35 non-U.S. jurisdictions.

International
Nov. 1, 2023

The PCAOB has revised its standard-setting, research, and rulemaking agendas following record-setting action in 2023.

Standards
Oct. 27, 2023

The PCAOB has announced the agenda for the November 2 meeting of its Standards and Emerging Issues Advisory Group.

About the PCAOB
Oct. 25, 2023

The PCAOB announced that George R. Botic has been sworn in as a Board Member.

About the PCAOB
Oct. 24, 2023

The PCAOB has sanctioned Smythe LLP for improper use of unregistered firms in four audits.

Enforcement
Oct. 12, 2023

The PCAOB staff has issued a new resource to address high and increasing rates of audit deficiencies related to engagement quality reviews.

Inspections
Oct. 6, 2023

The PCAOB has concluded its 2023 Conference on Auditing and Capital Markets, which attracted 359 participants from across academia.

Economic Analysis
Oct. 4, 2023

The PCAOB announces the agenda for the October 10 meeting of its Investor Advisory Group.

About the PCAOB
Sep. 29, 2023

The PCAOB announced that the five-year term of Ryan Sack, Director of the PCAOB’s Office of Internal Oversight and Performance Assurance, has concluded.

About the PCAOB
Sep. 28, 2023

The PCAOB has adopted a new standard for the auditor’s use of confirmation.

Standards
Sep. 28, 2023

Christine Gunia will serve as Acting Director of the PCAOB Division of Registration and Inspections when current Director George R. Botic is sworn in as a Board Member.

About the PCAOB
Sep. 28, 2023

A new Spotlight publication provides highlights from conversations with more than 200 audit committee chairs that PCAOB staff held in 2022.

Audit Committees
Sep. 27, 2023

Chair Erica Y. Williams applauded the U.S. Securities and Exchange Commission’s appointment of George R. Botic as a PCAOB Board Member.

About the PCAOB