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

Staff Outlook for 2021 Inspections

Watch for a quick overview of the changes we're making to PCAOB's 2021 inspections and important areas of planned focus. Our Stakeholder Liaison shares highlights of two new publications, 2021 Staff Outlook for Inspections and Audit Committee Resource. The audit committee publication can help inform constructive dialogue with auditors.

Recent Updates

Jun. 22, 2021

The PCAOB Acting Chairperson Duane DesParte announced that he has directed staff to reassess the organization’s stakeholder engagement efforts, including revisiting for Board consideration the structure and membership of its advisory groups.

About the PCAOB
May 6, 2021

PCAOB provides update on data and technology research project.

Apr. 12, 2021

PCAOB solicits nominations for its Standards Advisory Group.

About the PCAOB
Apr. 6, 2021

PCAOB provides audit committee resource on 2021 inspections.

Audit Committees & Inspections

Related Information