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Jun. 10, 2024
The PCAOB has sanctioned L&L CPAs, PA and three associated individuals for violations related to quality control, audit failures, and Form AP deadlines.
Enforcement
Jun. 7, 2024
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.
Standards
May 21, 2024
Imposing a $400,000 fine, the PCAOB has sanctioned MaloneBailey, LLP for pervasive quality control violations.
Enforcement
May 14, 2024
The PCAOB has revised its standard-setting, research, and rulemaking agendas to reflect 2024 progress.
Standards
May 8, 2024
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.
Standards
May 7, 2024
The PCAOB has sanctioned three auditors for failures relating to obtaining audit evidence, exercising professional skepticism, and other violations.
Enforcement
May 6, 2024
A new PCAOB staff report highlights important auditing considerations related to commercial real estate.
Inspections
May 3, 2024
The PCAOB has announced the agenda for the May 9 meeting of its Standards and Emerging Issues Advisory Group.
About the PCAOB
May 2, 2024
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
Apr. 30, 2024
A new PCAOB staff report shares observations on how root cause analysis can drive audit quality.
Inspections
Apr. 29, 2024
Investor Advisory: PCAOB Investor Advisory Group Requests Public Submit Examples of Critical or Key Audit Matters
Information for Investors
Apr. 26, 2024
Investor Bulletin: Opportunity To Comment on Proposals To Enhance Transparency Into Audits and Audit Firms
Information for Investors
Apr. 18, 2024
The PCAOB has announced the agenda for the April 24 meeting of its Investor Advisory Group.
About the PCAOB
Apr. 18, 2024
A new PCAOB staff report shares observations that can help auditors properly test information produced by companies and external sources.
Inspections
Apr. 17, 2024
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
Apr. 11, 2024
The PCAOB has released its 2023 Annual Report, which summarizes its operations and financial results from last year.
About the PCAOB
Apr. 10, 2024
The PCAOB has imposed $2 million in fines on Deloitte Indonesia and Deloitte Philippines and barred Deloitte Philippines’ former National Professional Practice Director.
Enforcement
Apr. 10, 2024
The PCAOB has imposed a record $25 million fine on KPMG Netherlands and permanently barred its former Head of Assurance.
Enforcement
Apr. 10, 2024
Read Chair Williams’ remarks from press conference announcing $25 million fine on KPMG Netherlands and $2 million in fines against Deloitte Indonesia and Deloitte Philippines.
Enforcement
Apr. 9, 2024
The PCAOB has issued two proposals to (1) standardize disclosure of firm and engagement metrics and (2) modernize the PCAOB’s reporting framework.
Standards