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SubscribeAudit 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.
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.
Recent Updates
See all updates >Investor Bulletin: Audit Committee and Independent Auditor Dialogue
Information for Investors
The PCAOB has posted three initial resources – a practice aid, comparison document, and webinar – related to the implementation of the PCAOB’s new quality control standard.
Standards
The PCAOB has sanctioned Yusufali & Associates LLC and its sole partner for multiple violations of PCAOB rules and standards.
Enforcement
On November 20, 2024, Board Member Anthony C. Thompson will host a PCAOB forum in Jersey City for auditors of small businesses and broker-dealers.
About the PCAOB