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SubscribeAll Audit Committee Updates
Nov. 21, 2024
The PCAOB has adopted amendments to standardize disclosure of firm and engagement metrics and to modernize the PCAOB’s reporting framework.
Standards
Nov. 21, 2024
The PCAOB has approved its 2025 budget to carry out its strategic plan’s goals and protect investors.
About the PCAOB
Nov. 20, 2024
The PCAOB has completed the series of in-person forums for auditors of smaller businesses and broker-dealers planned for 2024, reflecting a renewed focus on supporting smaller audit firms.
About the PCAOB
Nov. 19, 2024
The PCAOB has sanctioned five firms for violations of rules related to required reporting.
Enforcement
Nov. 14, 2024
The PCAOB has adopted a rule amendment aimed at enhancing the usefulness of audit firm registration information.
Standards
Nov. 13, 2024
The PCAOB has launched a new series of staff publications, Audit Focus, with a first edition providing insights on critical audit matters.
Inspections
Nov. 12, 2024
A new staff Spotlight publication focuses auditors on relevant considerations when performing procedures to detect, evaluate, and make communications about illegal acts by a company under audit.
Inspections
Nov. 8, 2024
The PCAOB has revoked the registration of a Chinese firm for repeatedly violating PCAOB reporting rules and failing to cooperate with a Board investigation.
Enforcement
Nov. 8, 2024
At a Nov. 14 open meeting, the PCAOB will consider adopting a rule amendment aimed at enhancing the PCAOB’s registration program.
Standards
Nov. 7, 2024
The PCAOB has announced the agenda for the November 12 meeting of its Standards and Emerging Issues Advisory Group.
About the PCAOB
Nov. 4, 2024
The PCAOB has updated its standard-setting and rulemaking agendas following significant modernization progress in 2024.
Standards
Oct. 31, 2024
The PCAOB has published a new supplement to its staff guidance concerning the remediation process.
Standards
Oct. 25, 2024
Investor Bulletin: Audit Committee and Independent Auditor Dialogue
Information for Investors
Oct. 23, 2024
The PCAOB has posted three initial resources – a practice aid, comparison document, and webinar – related to the implementation of the PCAOB’s new quality control standard.
Standards
Oct. 22, 2024
The PCAOB has sanctioned Yusufali & Associates LLC and its sole partner for multiple violations of PCAOB rules and standards.
Enforcement
Oct. 21, 2024
On November 20, 2024, Board Member Anthony C. Thompson will host a PCAOB forum in Jersey City for auditors of small businesses and broker-dealers.
About the PCAOB
Sep. 25, 2024
A new staff report provides observations from the PCAOB’s target team, a group of inspectors who focus on emerging audit risks and other topics.
Inspections
Sep. 24, 2024
The PCAOB has sanctioned five audit firms for violations related to audit committee communications or reporting requirements.
Enforcement
Sep. 20, 2024
The PCAOB announces the agenda for the September 26 meeting of its Investor Advisory Group.
About the PCAOB
Sep. 16, 2024
A new PCAOB staff Spotlight publication highlights common deficiencies, good practices, and other reminders related to auditor independence.
Inspections