All Oversight Updates
Jun. 22, 2022
PCAOB sanctions engagement quality reviewer for inadequate reviews and false documentation created in advance of inspection.
Enforcement
Jun. 21, 2022
PCAOB adopts new requirements for lead auditor’s use of other auditors.
Standards
Jun. 14, 2022
The PCAOB will hold an open meeting on Tuesday, June 21, 2022, at 10:00 a.m. ET to consider adopting new requirements for the lead auditor’s use of other auditors.
Standards
Jun. 10, 2022
PCAOB announces agenda for June 15 meeting of its Standards and Emerging Issues Advisory Group.
About the PCAOB
Jun. 3, 2022
PCAOB announces agenda for June 8 meeting of its Investor Advisory Group.
About the PCAOB
May 24, 2022
PCAOB sanctions former BF Borgers audit director for violating PCAOB rules and standards in four audits of three public companies.
Enforcement
May 11, 2022
PCAOB sanctions audit firm and three partners for violating PCAOB standards related to audits and examinations of a broker-dealer over multiple years.
Enforcement
May 4, 2022
PCAOB updates standard-setting and research agendas.
Standards
Apr. 19, 2022
PCAOB sanctions two registered public accounting firms for improper use of unregistered firms.
Enforcement
Apr. 12, 2022
PCAOB requests comment on the impact of auditing requirements related to estimates and specialists.
Standards
Apr. 5, 2022
PCAOB sanctions former KPMG Vice Chair of Audit for failure reasonably to supervise, imposing largest individual penalty ever in a settled proceeding.
Enforcement
Mar. 31, 2022
PCAOB highlights key considerations for auditors related to the invasion of Ukraine.
International
Mar. 24, 2022
PCAOB shares perspective from 2021 conversations with audit committee chairs.
Audit Committees
Mar. 23, 2022
The PCAOB will hold an open meeting on Tuesday, March 29, 2022, at 11:00 a.m. ET to consider adoption of charters for new advisory groups.
About the PCAOB
Dec. 16, 2021
PCAOB makes HFCAA determinations regarding mainland China and Hong Kong.
Oct. 18, 2021
PCAOB provides preview of 2020 inspection observations.
Inspections
Oct. 7, 2021
PCAOB released staff guidance on considerations regarding the relevance and reliability of information from external sources that the auditor plans to use as audit evidence.
Standards
Sep. 28, 2021
PCAOB solicits additional public comment on proposed new requirements for the lead auditor’s use of other auditors.
Standards
Sep. 22, 2021
PCAOB will hold an open meeting on September 28 to consider a request for additional comment on proposed new requirements for the lead auditor’s use of other auditors.
Standards
Sep. 22, 2021
PCAOB adopted a new rule related to the PCAOB’s responsibilities under the Holding Foreign Companies Accountable Act (HFCAA).
International