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

Sep. 22, 2022

PCAOB Chair Williams Delivers Remarks at CII Fall Conference

About the PCAOB
Sep. 13, 2022

The PCAOB sanctions firm and audit partner for noncooperation with a Board inspection.

Enforcement
Aug. 31, 2022

The PCAOB provides 2021 observations from the target team, a group of inspectors who focus on emerging audit risks and topics.

Inspections
Aug. 29, 2022

The PCAOB sanctions audit firm and two partners for improper use and reporting of unregistered firm.

Enforcement