PCAOB Sanctions Audit Firm for Repeatedly Failing to Make Required Disclosures About Who Worked on Audits

The Public Company Accounting Oversight Board (PCAOB) today announced a settled disciplinary order sanctioning a registered public accounting firm, Beckles & Co. Inc. (“the Firm”).

Violations Found By the PCAOB

As described in further detail in the order, the Firm repeatedly failed to timely file required Form APs, in violation of PCAOB Rule 3211, Auditor Reporting of Certain Audit Participants. Specifically, for nine different 2023 and 2024 public company audits, the Firm failed to file the Form APs until late August 2025, after PCAOB staff had contacted the Firm.

PCAOB-registered firms are required to timely file a Form AP for each audit report that they issue for a public company. Disclosures made on Form AP help investors, audit committees, and other stakeholders know who led specific audits for the firm and whether any other firms were involved in those audits.

Sanctions Imposed by the PCAOB

The order:

• Censures the Firm;
• Imposes a civil money penalty in the amount of $35,000 upon the Firm; and
• Requires the Firm to comply with its policies and procedures directed toward ensuring compliance with PCAOB requirements for reporting audit participants.

Learn More

Further information about the PCAOB Division of Enforcement and Investigations is available on the PCAOB website. Firms or individuals wishing to report suspected misconduct by auditors, or to self-report possible misconduct, may visit the PCAOB Tips and Referrals page. 

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About the PCAOB

The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB also oversees the audits of brokers and dealers registered with the Securities and Exchange Commission, including compliance reports filed pursuant to federal securities laws.