PCAOB May 29, 2026
PCAOB Establishes Inspections Modernization Council
The Public Company Accounting Oversight Board is forming a new advisory panel as the regulator looks to modernize how it inspects the work of public company audit firms.
Auditing April 29, 2024
PCAOB Group Seeks Input On the Most Decision-Useful CAMs or KAMs
The Investor Advisory Group is looking to identify the top three critical audit matters or key audit matters for 2023.
PCAOB April 18, 2024
The PCAOB is Hitting the Road This Year
Board members will host a series of five in-person forums for small audit firms in Chicago, Los Angeles, Denver, Miami, and Jersey City.
Auditing April 11, 2024
PCAOB Really Flexed Its Enforcement Muscles in 2023
Total enforcement activity reached its highest level since 2017 and monetary penalties doubled compared to the record set in 2022.
Auditing April 10, 2024
PCAOB Proposal Would Require Audit Firms to Disclose a Variety of Metrics
The proposal would direct firms to provide more information, like involvement of partners and auditor turnover, to investors.
Auditing April 10, 2024
PCAOB Wallops KPMG Netherlands With Record $25M Fine For Exam Cheating
Rampant cheating on internal training exams occurred from 2017 to 2022 and the firm lied about its knowledge of it, the PCAOB said.
Auditing April 4, 2024
PwC Hit With $2.75 Million Fine By PCAOB For Running Afoul of Independence Rules
The order also requires a review of PwC's independence-related quality-control policies and procedures, and extra training.
Auditing March 21, 2024
KPMG China’s Mishaps Result in Three Audit Partners Being Fined By the PCAOB
The three KPMG Huazhen partners were docked a total of $150,000 for turning a blind eye to U.S. auditing standards.
Auditing February 28, 2024
PCAOB Registration Isn’t a Seal of Approval, Regulator Tells Audit Firms
A proposed rule would limit how audit firms tout their PCAOB registration in marketing to clients and potential clients.
Auditing February 23, 2024
Some Top Midtier Audit Firms Felt the Wrath of the PCAOB This Week
Withum was fined $2 million, while Baker Tilly and Mazars were fined $80,000 and $60,000, respectively, for rules violations.
Auditing January 30, 2024
SEC Sues Marcum Assurance Partner Over Numerous Audit Violations
Edward Hackert is accused of improper conduct by repeatedly not following U.S. auditing standards over a 10-year period.
Auditing January 29, 2024
PCAOB Doles Out $590,000 in Fines to Haynie & Co., Four Partners
The top 100 firm and two current and two former partners were sanctioned for subpar auditing and quality control failures.
Auditing December 1, 2023
2023 Has Been a Banner Year for PCAOB Enforcement
The PCAOB has doled out a record $20 million in total fines so far in 2023, almost doubling the previous high mark of $11 million last year.