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

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

Firm Inspection Reports

Recent Updates

Dec. 2, 2020

PCAOB issues COVID-19 Spotlight and provides insights and reminders for auditors.

Nov. 17, 2020

PCAOB posts Spotlight on The PCAOB’s Use of Economic Analysis and Stakeholder Input in Standard Setting.

Economic Analysis & Standards
Nov. 12, 2020

The PCAOB provides a resource to help audit committees enhance their understanding for new PCAOB requirements regarding auditing estimates and use of specialists.

Jul. 31, 2020

PCAOB posts a publication where we asked audit committee chairs how they are thinking about the effect of COVID-19 on financial reporting and the audit as they perform their oversight duties.

Audit Committees

Related Information