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PCAOB

Initial-Public-Offering-IPO1

Financial Reporting November 9, 2026 

Three Avoidable IPO Filing Mistakes That Can Derail a Public Offering

For CFOs, controllers and accounting professionals, addressing these seemingly routine issues should be an essential part of IPO readiness.

Balaji Muthukrishnan

Featured Articles

November 6, 2026  

PCAOB Strips 97 Audit Firms of Registration

November 3, 2026  

PCAOB Proposes to Revise Rules on Auditor Comfort Letters  

November 3, 2026  

SEC Approval of QC 1000 Amendments a ‘Significant Milestone for the PCAOB,’ Chairman Says

October 26, 2026  

Audit Deficiency Rates Getting Better, PCAOB Says

October 2, 2026  

PCAOB Updates Agendas for Standard Setting, Research, Rulemaking
PCAOB: 5 Good Practices For Auditor Independence

Auditing September 17, 2024 

PCAOB: 5 Good Practices For Auditor Independence

Instances of auditor independence noncompliance at firms "increased significantly" during the PCAOB's 2023 audit inspection cycle.

Jason Bramwell

SEC Green-Lights New PCAOB Quality Control Standard

Auditing September 10, 2024 

SEC Green-Lights New PCAOB Quality Control Standard

Nearly three weeks after approving a batch of new PCAOB standards, the SEC Sept. 9 OK'd another new rule, this time on quality control.

Jason Bramwell

How Auditors Are Currently Using Generative AI

Auditing July 23, 2024 

How Auditors Are Currently Using Generative AI

The integration of GenAI in audits and financial reporting is in its early stages but rapidly evolving, the PCAOB said in a new report.

Jason Bramwell

Canadian Audit Firm Fined $60,000 By the PCAOB for Quality Control Failures

Auditing June 25, 2024 

Canadian Audit Firm Fined $60,000 By the PCAOB for Quality Control Failures

Vancouver-based De Visser Gray was sanctioned for failing to comply with U.S. quality control standards from April 2019 to January 2024.

Jason Bramwell

PCAOB Busts Two Audit Firms for Not Complying With Reporting Rules

Auditing June 25, 2024 

PCAOB Busts Two Audit Firms for Not Complying With Reporting Rules

KKM CPA Associates in New York and the BDO affiliate firm in the United Arab Emirates were fined $25,000 and $20,000, respectively.

Jason Bramwell

PCAOB Adopts New Rules for Auditors on Technology-Aided Analysis

Auditing June 17, 2024 

PCAOB Adopts New Rules for Auditors on Technology-Aided Analysis

The revised rules provide detail and clarity for auditors when performing procedures using technology-assisted analysis.

Jason Bramwell

PCAOB Looks to Clarify Auditing Rules on Substantive Analytical Procedures

Auditing June 13, 2024 

PCAOB Looks to Clarify Auditing Rules on Substantive Analytical Procedures

The proposal issued by the board June 12 would replace an interim standard that hasn't changed significantly since 1989.

Jason Bramwell

PCAOB OKs Tougher Rules on Auditor Negligence

Auditing June 13, 2024 

PCAOB OKs Tougher Rules on Auditor Negligence

Individuals face possible sanctions when they negligently, directly, and substantially cause their firm to break PCAOB rules.

Jason Bramwell

Erica Williams Gets Second Term as PCAOB Chair

PCAOB June 11, 2024 

Erica Williams Gets Second Term as PCAOB Chair

Williams, who was sworn in as PCAOB chair in January 2022, will begin her second term on Oct. 25, lasting through Oct. 24, 2029.

Jason Bramwell

PCAOB Fines Florida-Based Firm L&L CPAs $75,000 for Auditing Blunders

Auditing June 10, 2024 

PCAOB Fines Florida-Based Firm L&L CPAs $75,000 for Auditing Blunders

The firm and three people were sanctioned for violations related to quality control, auditing failures, and missing Form AP deadlines.

Jason Bramwell

CAQ Asks PCAOB to Extend Comment Period on a Pair of Proposed Standards

Auditing May 22, 2024 

CAQ Asks PCAOB to Extend Comment Period on a Pair of Proposed Standards

The Center for Audit Quality asked for an extra 60 days to review and provide feedback on two proposals with a June 7 comment due date.

Jason Bramwell

PCAOB Slaps Audit Firm MaloneBailey With $400,000 Fine

Auditing May 21, 2024 

PCAOB Slaps Audit Firm MaloneBailey With $400,000 Fine

The top 200 accounting firm was sanctioned on May 21 for what the PCAOB calls “pervasive quality control violations.”

Jason Bramwell

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