All Updates and News Releases

Aug. 28, 2025

The PCAOB is postponing for one year, to December 15, 2026, the effective date of QC 1000, A Firm’s System of Quality Control, and other new and amended PCAOB standards, rules, and forms adopted by the Board on May 13, 2024.

Standards
Aug. 26, 2025

The PCAOB has launched the Smaller Firm Resource Group.

About the PCAOB
Aug. 20, 2025

The PCAOB is seeking nominations for members of its Investor Advisory Group and Standards and Emerging Issues Advisory Group.

About the PCAOB
Aug. 14, 2025

On September 16, 2025, Board Member Thompson will host a forum in Irving, Texas, for auditors of small businesses and auditors of broker-dealers.

About the PCAOB
Jul. 22, 2025

The PCAOB has permanently revoked the registration of Hong Kong firm Centurion ZD CPA & Co. and permanently barred the firm’s owner for numerous violations of PCAOB rules and standards, including in connection with Chinese company audits.

Enforcement
Jul. 22, 2025

Investor Bulletin: The Importance of Auditor Professional Responsibilities and Ethics

Information for Investors
Jul. 22, 2025

A record 685 students from U.S. colleges and universities have been named PCAOB Scholars for the 2025-2026 academic year. Each PCAOB Scholar will receive a $15,000 award.

About the PCAOB
Jul. 11, 2025

The PCAOB has sanctioned PWR CPA LLP for failing to conduct inquiries regarding fraud risks and other repeated violations.

Enforcement
Jul. 11, 2025

The PCAOB has sanctioned two firms for violations related to required audit records and disclosure of key information for investors.

Enforcement
Jul. 10, 2025

The PCAOB has sanctioned Michael Coglianese, CPA P.C., for engagement quality review failures on 17 engagements.

Enforcement
Jul. 7, 2025

The decision of whether or not to accept an engagement is a critical part of the audit process. A new edition of the PCAOB’s Audit Focus series provides auditors with reminders, good practices, and more on engagement acceptance.

Inspections
Jul. 2, 2025

The PCAOB will host two virtual workshops on July 17 and July 31 to provide individuals at smaller audit firms responsible for implementing QC 1000 with the opportunity to engage with PCAOB staff ahead of the standard’s effective date.

Standards
Jun. 25, 2025

PCAOB imposes a total of $8.5 million in fines on three Dutch firms for quality control violations related to widespread training exam misconduct.

Enforcement
Jun. 24, 2025

The PCAOB has permanently barred Michael T. Studer, CPA, and permanently revoked the PCAOB registration of his firm, Michael T. Studer CPA P.C.

Enforcement
Jun. 13, 2025

The PCAOB has published its annual report on broker-dealer audits.

Inspections
Jun. 12, 2025

The PCAOB has sanctioned a firm and one of its partners for, among other violations, failing to properly document five audits.

Enforcement
May 29, 2025

The PCAOB announced the appointment of Connor Raso as Acting General Counsel and thanked outgoing General Counsel James Cappoli for his service.

About the PCAOB
May 21, 2025

A new edition of the PCAOB’s Audit Focus series addresses the topic of auditing accounting estimates.

Inspections
May 16, 2025

The PCAOB has announced the agenda for the May 22 meeting of its Standards and Emerging Issues Advisory Group.

About the PCAOB
May 15, 2025

A new Spotlight provides high-level observations and takeaways from the PCAOB staff’s conversations with 272 audit committee chairs in 2024.

Inspections