All Oversight Updates
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. 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
Apr. 9, 2024
The PCAOB has sanctioned a Singapore firm for quality control violations.
Enforcement
Apr. 4, 2024
The PCAOB will hold an open meeting on Apr. 9, 2024, to consider proposals regarding (1) firm and engagement metrics and (2) firm reporting.
Standards
Mar. 28, 2024
The PCAOB has sanctioned five firms for violations related to audit documentation and disclosure of who worked on audits.
Enforcement
Mar. 28, 2024
The PCAOB has fined PwC $2.75 million for quality control violations relating to independence.
Enforcement
Mar. 28, 2024
The PCAOB has sanctioned PwC Australia for violations related to reporting and quality control monitoring requirements.
Enforcement
Mar. 21, 2024
The PCAOB’s Office of the Investor Advocate marks a first year of progress and accomplishment.
Information for Investors
Mar. 21, 2024
Investor Bulletin: Commemorating the PCAOB’s Office of the Investor Advocate’s One-Year Anniversary
Information for Investors
Mar. 20, 2024
The PCAOB has sanctioned three partners of KPMG’s China affiliate for violations of audit standards.
Enforcement
Mar. 19, 2024
The PCAOB has sanctioned Halperin Ilanit CPA and its owner and only partner for violations of PCAOB rules and standards in multiple issuer audits.
Enforcement