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May 10, 2023
The PCAOB has posted its first-ever inspection reports for audit firms located in mainland China and Hong Kong.
Inspections & International
May 2, 2023
The PCAOB enhances the transparency of its inspection reports with new section on auditor independence and more.
Inspections
Apr. 25, 2023
A new PCAOB staff Spotlight reminds auditors that professional competence and skepticism are essential to quality audits.
Standards
Apr. 19, 2023
A new PCAOB staff report provides insights on audits of special purpose acquisition companies (SPACs) and de-SPAC transactions.
Inspections
Apr. 17, 2023
Investor Bulletin - Opportunity to Comment on Proposed Standard Addressing Core Auditing Principles and Responsibilities
Information for Investors
Apr. 17, 2023
In 2023, the PCAOB’s inspections will prioritize audit risks related to fraud, the financial services sector, and crypto. Read our staff Spotlight to learn more.
Inspections
Apr. 11, 2023
The PCAOB sanctions RT LLP for violations of rules and standards related to quality control, documentation, and Form AP requirements.
Enforcement
Mar. 28, 2023
The PCAOB has proposed to modernize PCAOB standards that address core auditing principles and responsibilities, such as due professional care and professional skepticism.
Standards
Mar. 27, 2023
The PCAOB sanctions Friedman LLP for improper use of unregistered Chinese firms.
Enforcement
Mar. 23, 2023
The PCAOB announces agenda for the March 30 meeting of its Standards and Emerging Issues Advisory Group.
About the PCAOB
Mar. 22, 2023
The PCAOB has named experienced prosecutor Robert E. Rice Director of its Division of Enforcement and Investigations.
About the PCAOB
Mar. 21, 2023
The PCAOB will hold an open meeting on Tuesday, March 28, 2023, at 10:00 a.m. ET to consider issuing for public comment a proposal to modernize PCAOB standards that address core auditing principles and responsibilities.
Standards
Mar. 8, 2023
Investor Advisory - Exercise caution with third-party verification/proof of reserve reports.
Information for Investors
Mar. 2, 2023
The PCAOB announces the agenda for the March 9 meeting of its Investor Advisory Group.
About the PCAOB
Feb. 2, 2023
The PCAOB expects firms to remedy quality control deficiencies. Read our staff report to learn more.
Inspections
Dec. 23, 2022
PCAOB Chair Erica Y. Williams applauds congressional action to shorten the Holding Foreign Companies Accountable Act’s timeline.
International
Dec. 22, 2022
The PCAOB sanctions six firms for failing to make required disclosures.
Enforcement
Dec. 22, 2022
The PCAOB sanctions EY Canada engagement partner for flawed auditing of management estimate.
Enforcement
Dec. 21, 2022
The PCAOB sanctions firm and partner for numerous violations of standards related to documentation and quality control.
Enforcement
Dec. 20, 2022
The PCAOB has issued for public comment a proposal to strengthen and modernize its requirements for the auditor’s use of confirmation.
Standards