PCAOB December 26, 2025
PCAOB Names William Ryan Acting Enforcement Director
Ryan, who is chief counsel of the PCAOB Enforcement Division, will assume the role following current PCAOB Enforcement Director Robert Rice’s retirement on Dec. 31, 2025.
Auditing December 19, 2025
CPA Barred, Audit Firm Fined by PCAOB for Quality Control Issues
Jennifer Crofoot, a former audit partner at Fruci & Associates II, was barred for three years and the firm was docked $50,000 for failing to follow U.S. auditing rules and standards in connection with the audits of four public companies.
Auditing December 19, 2025
PCAOB Fines Florida Audit Firm $35,000 Over Tardy Form AP Filings
West Palm Beach, FL-based accounting firm Beckles & Co. agreed to a censure and fine for repeatedly failing to make required disclosures about who worked on audits.
Auditing December 19, 2025
PCAOB Censures and Fines Texas Firm for Audit Failures
Sugar Land, TX-based accounting firm TPS Thayer was sanctioned on Dec. 4 for violations that include failing to supervise an unregistered China-based firm.
Auditing November 3, 2025
Audit Firms Aren’t Feeling the Heat From PCAOB, SEC Enforcers
Since Paul Atkins was sworn in as chair of the SEC in April and Erica Williams resigned as PCAOB chair in July, enforcement actions against audit firms have dropped considerably, according to a new report.
Auditing September 30, 2025
PCAOB Underscores the Importance of Audit Research
The Public Company Accounting Oversight Board hosted a two-day conference last week that highlighted economic research in topics of significance to the audit regulator’s mission.
Auditing September 24, 2025
PCAOB Fines Marcum Asia $100,000 for Not Communicating Properly with Successor Audit Firm
New York City-based Marcum Asia CPAs LLP settled charges with the Public Company Accounting Oversight Board on Sept. 23 over charges that it broke U.S. audit rules on communicating with a successor auditor.
Auditing September 11, 2025
PCAOB Shines Light on Broker-Dealer Auditors in Latest Publication
The Public Company Accounting Oversight Board has released a new staff publication for auditors of broker-dealers containing advice on exemption report reviews.
Auditing September 4, 2025
How the PCAOB Can Promote Technology Use in Auditing
The Technology Innovation Alliance Working Group has provided the audit regulator with four recommendations on how it can proactively and strategically promote the use of technology in auditing.
Auditing August 28, 2025
PCAOB Postpones Effective Date of New Quality Control Standard by One Year
The Public Company Accounting Oversight Board said the effective date for its new quality control standard—QC 1000, A Firm's System of Quality Control—which was slated for Dec. 15 of this year, will be pushed back until Dec. 15, 2026.
PCAOB August 26, 2025
PCAOB Establishes Smaller Firm Resource Group
The expert panel will advise Public Company Accounting Oversight Board staff on the unique needs and experiences of smaller audit firms.
PCAOB August 25, 2025
PCAOB Seeks Nominations for Two Advisory Groups
The Public Company Accounting Oversight Board is requesting nominations for members of its Investor Advisory Group and Standards and Emerging Issues Advisory Group to fill upcoming vacancies.