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

Aug. 16, 2022

The PCAOB sanctions KPMG Korea for violating quality control standards and sanctions two former KPMG Korea auditors for noncooperation.

Enforcement
Aug. 16, 2022

PCAOB seeks public comment on draft five-year strategic plan for protecting investors.

About the PCAOB
Aug. 11, 2022

The PCAOB will hold an open meeting on Tuesday, August 16, 2022, at 10:00 a.m. ET to consider releasing a draft of its five-year strategic plan for public comment.

About the PCAOB
Jul. 28, 2022

PCAOB Chair Williams gives remarks on the 20th Anniversary of Sarbanes-Oxley Act and establishment of the PCAOB.

About the PCAOB