All Academics Updates

The PCAOB has issued a proposal that would strengthen and clarify the auditor’s responsibilities when designing and performing substantive analytical procedures.

A new Spotlight provides high-level observations and takeaways from conversations with more than 200 audit committee chairs that PCAOB staff held in 2023.

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The PCAOB has sanctioned L&L CPAs, PA and three associated individuals for violations related to quality control, audit failures, and Form AP deadlines.

At a June 12 open meeting, the PCAOB will consider a proposal for a new standard, along with adoption of amendments to auditing standards and a PCAOB rule.

Imposing a $400,000 fine, the PCAOB has sanctioned MaloneBailey, LLP for pervasive quality control violations.

The PCAOB has revised its standard-setting, research, and rulemaking agendas to reflect 2024 progress.

The PCAOB has adopted a new quality control standard with an integrated, risk-based approach designed to drive continuous improvement in audit quality.

To protect investors by solidifying the foundation of every audit, the PCAOB has adopted a new standard addressing general principles and responsibilities of the auditor when conducting an audit.

At a May 13 open meeting, the PCAOB will consider adopting new standards on (1) general responsibilities of the auditor in conducting an audit and (2) quality control.

The PCAOB has sanctioned three auditors for failures relating to obtaining audit evidence, exercising professional skepticism, and other violations.

A new PCAOB staff report highlights important auditing considerations related to commercial real estate.

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The PCAOB has announced the agenda for the May 9 meeting of its Standards and Emerging Issues Advisory Group.

About the PCAOB

On June 5, 2024, Board Member George R. Botic will host a PCAOB forum in Los Angeles for auditors of small businesses and broker-dealers.

About the PCAOB

A new PCAOB staff report shares observations on how root cause analysis can drive audit quality.

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Investor Advisory: PCAOB Investor Advisory Group Requests Public Submit Examples of Critical or Key Audit Matters

Information for Investors

Investor Bulletin: Opportunity To Comment on Proposals To Enhance Transparency Into Audits and Audit Firms

Information for Investors

The PCAOB has announced the agenda for the April 24 meeting of its Investor Advisory Group.

About the PCAOB

A new PCAOB staff report shares observations that can help auditors properly test information produced by companies and external sources.

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The PCAOB has announced a series of in-person forums on auditing in the small business environment and on auditing broker-dealers, starting in Chicago on May 22, 2024.

About the PCAOB

The PCAOB has released its 2023 Annual Report, which summarizes its operations and financial results from last year.

About the PCAOB

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