Investor Advisories and Bulletins

The PCAOB’s Office of the Investor Advocate is issuing Investor Advisories to provide investors and other market participants with important information about the PCAOB’s oversight of audits and related engagements of public companies and certain SEC-registered brokers and dealers and observations where investors may mistakenly believe the PCAOB has regulatory oversight.

These advisories and bulletins represent the views of PCAOB Office of the Investor Advocate staff and not necessarily those of the Board. It is not a rule, policy, or statement of the Board.

Investor Bulletin - Opportunity to Comment on Proposed Standard Addressing Core Auditing Principles and Responsibilities

The PCAOB Office of Investor Advocate is alerting investors to the opportunity to comment on the PCAOB’s proposed auditing standard, AS 1000, General Responsibilities of the Auditor in Conducting an Audit.

Read the Bulletin

Investor Advisory - Exercise Caution With Third-Party Verification/Proof of Reserve Reports (March 8, 2023)

Proof of reserve reports are inherently limited, and customers should exercise extreme caution when relying on them to conclude that there are sufficient assets to meet customer liabilities.

Read the Advisory