Audit committees play a vital role in promoting high quality auditing through their oversight of the audit process and the auditor. An engaged and informed audit committee serves as an effective force multiplier in promoting audit quality for the benefit of investors. The Board has made it a strategic priority to interact more often and more directly with audit committees.

PCAOB Inspections

As part of the PCAOB inspections process, we reach out to nearly all of the audit committee chairs of the U.S. issuers whose audits we inspect and invite them to speak with us.

Basics of Inspections

Firm Inspection Reports

Resources for Audit Committees

The PCAOB is committed to providing timely and relevant information to audit committees in areas of common interest, including auditor independence, auditor communications with the audit committee, PCAOB inspections reports, audit quality, critical audit matters, among other topics. 

Resources for Audit Committees

Recent Updates

May 11, 2022

PCAOB sanctions audit firm and three partners for violating PCAOB standards related to audits and examinations of a broker-dealer over multiple years.

Enforcement
May 9, 2022

PCAOB announces members of new advisory groups, sets dates for first meetings.

About the PCAOB
May 4, 2022

PCAOB updates standard-setting and research agendas.

Standards
Apr. 19, 2022

PCAOB sanctions two registered public accounting firms for improper use of unregistered firms.

Enforcement

Related Information