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Aug. 8, 2023
The PCAOB has sanctioned K G Somani & Co. LLP and engagement partner for violations of audit and quality control standards.
Enforcement
Aug. 3, 2023
The PCAOB is seeking nominations for members of its Investor Advisory Group and Standards and Emerging Issues Advisory Group.
About the PCAOB
Jul. 28, 2023
Investor Bulletin - Opportunity to Comment on Proposed Updates to PCAOB Standards Addressing the Use of Data Analytics by Auditors
Information for Investors
Jul. 28, 2023
Following a sweep, the PCAOB has sanctioned five firms for violating PCAOB rules and standards related to audit committee communications.
Enforcement
Jul. 25, 2023
Audits with deficiencies rose again in 2022, according to new PCAOB Staff report.
Inspections
Jul. 20, 2023
The PCAOB sanctions Edward Turner, CPA, for noncooperation with a Board inspection and improper alteration of audit documentation. The order permanently bars Turner and imposes a $50,000 fine on him.
Enforcement
Jul. 19, 2023
The PCAOB has enhanced its website with new ways for investors and others to find and understand information in inspection reports.
Inspections
Jul. 11, 2023
The PCAOB sanctions CohnReznick LLP for failing to make required disclosures on a timely basis.
Enforcement
Jun. 30, 2023
Investor Bulletin - Opportunity to Comment on PCAOB Proposal on Noncompliance With Laws and Regulations
Information for Investors
Jun. 26, 2023
The PCAOB has issued a standard-setting proposal addressing aspects of designing and performing audit procedures that involve technology-assisted analysis.
Standards
Jun. 23, 2023
The PCAOB sanctions Total Asia Associates PLT for violations of quality control standards, fining the firm $80,000 and revoking its PCAOB registration.
Enforcement
Jun. 22, 2023
The PCAOB sanctions Friedman LLP partners for violations of PCAOB rules and standards in audits of a China-based issuer.
Enforcement
Jun. 22, 2023
The PCAOB announces the agenda for the June 29 meeting of its Standards and Emerging Issues Advisory Group.
Enforcement
Jun. 21, 2023
At a June 26 Open Meeting, the PCAOB will consider a proposal related to technology-assisted analysis of information in electronic form.
Standards
Jun. 21, 2023
A new PCAOB staff resource for audit committees aims to facilitate dialogue on the risk of fraud and other topics.
Audit Committees
Jun. 21, 2023
Imposing $3 Million Fine and Requiring First-Ever Changes to Supervisory Structure, PCAOB Sanctions Marcum LLP for Significant Quality Control Violations.
Enforcement
Jun. 14, 2023
PCAOB staff report: auditors must respond to unique risks of crypto assets, including fraud.
Inspections
Jun. 6, 2023
The PCAOB has issued a proposal to increase auditor vigilance against fraud and other forms of noncompliance with laws and regulations.
Standards
Jun. 5, 2023
The PCAOB sanctions Barzily & Co. Certified Public Accountants for violations of quality control rules and standards, among others.
Enforcement
Jun. 1, 2023
The PCAOB announces the agenda for the June 7 meeting of its Investor Advisory Group.
About the PCAOB