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.
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 >Imposing $7.9 million in fines, the PCAOB has sanctioned three China-based firms and four individuals in historic settlements.

Chair Williams issues statement on the PCAOB’s enforcement orders against China-Based firms.

The PCAOB has sanctioned three firms for failing to make required Form AP disclosures, or to do so on a timely basis.

The PCAOB has sanctioned three firms for failing to make required disclosures on Form 3, or to do so on a timely basis.
