All Updates and News Releases

A new PCAOB staff report highlights important auditing considerations related to commercial real estate.

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The PCAOB has announced the agenda for the May 9 meeting of its Standards and Emerging Issues Advisory Group.

About the PCAOB

On June 5, 2024, Board Member George R. Botic will host a PCAOB forum in Los Angeles for auditors of small businesses and broker-dealers.

About the PCAOB

A new PCAOB staff report shares observations on how root cause analysis can drive audit quality.

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Investor Advisory: PCAOB Investor Advisory Group Requests Public Submit Examples of Critical or Key Audit Matters

Information for Investors

Investor Bulletin: Opportunity To Comment on Proposals To Enhance Transparency Into Audits and Audit Firms

Information for Investors

The PCAOB has announced the agenda for the April 24 meeting of its Investor Advisory Group.

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A new PCAOB staff report shares observations that can help auditors properly test information produced by companies and external sources.

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The PCAOB has announced a series of in-person forums on auditing in the small business environment and on auditing broker-dealers, starting in Chicago on May 22, 2024.

About the PCAOB

The PCAOB announced the appointment of Christine Gunia as Director of its Division of Registration and Inspections.

About the PCAOB

The PCAOB has released its 2023 Annual Report, which summarizes its operations and financial results from last year.

About the PCAOB

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The PCAOB has imposed $2 million in fines on Deloitte Indonesia and Deloitte Philippines and barred Deloitte Philippines’ former National Professional Practice Director.

The PCAOB has imposed a record $25 million fine on KPMG Netherlands and permanently barred its former Head of Assurance.

Read Chair Williams’ remarks from press conference announcing $25 million fine on KPMG Netherlands and $2 million in fines against Deloitte Indonesia and Deloitte Philippines.

The PCAOB has issued two proposals to (1) standardize disclosure of firm and engagement metrics and (2) modernize the PCAOB’s reporting framework.

The PCAOB has sanctioned a Singapore firm for quality control violations.

The PCAOB will hold an open meeting on Apr. 9, 2024, to consider proposals regarding (1) firm and engagement metrics and (2) firm reporting.

The PCAOB has sanctioned five firms for violations related to audit documentation and disclosure of who worked on audits.

The PCAOB has fined PwC $2.75 million for quality control violations relating to independence.

The PCAOB has sanctioned PwC Australia for violations related to reporting and quality control monitoring requirements.