Careers
SubscribeAudit 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.
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.
Recent Updates
See all updates >The PCAOB has sanctioned PWR CPA LLP for failing to conduct inquiries regarding fraud risks and other repeated violations.
Enforcement
The PCAOB has sanctioned two firms for violations related to required audit records and disclosure of key information for investors.
Enforcement
The PCAOB has sanctioned Michael Coglianese, CPA P.C., for engagement quality review failures on 17 engagements.
Enforcement
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