Audit committees play a vital role in promoting high quality auditing through their oversight of the audit process and the auditor. An engaged and informed audit committee serves as an effective force multiplier in promoting audit quality for the benefit of investors. The Board has made it a strategic priority to interact more often and more directly with audit committees.

PCAOB Inspections

As part of the PCAOB inspections process, we reach out to nearly all of the audit committee chairs of the U.S. issuers whose audits we inspect and invite them to speak with us.

Basics of Inspections

Firm Inspection Reports

Resources for Audit Committees

The PCAOB is committed to providing timely and relevant information to audit committees in areas of common interest, including auditor independence, auditor communications with the audit committee, PCAOB inspections reports, audit quality, critical audit matters, among other topics. 

Resources for Audit Committees

Recent Updates

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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