Public Company Accounting Oversight Board ( PCAOB )


Public Company Accounting Oversight Board's picture

The Public Company Accounting Oversight Board (PCAOB) is a private-sector, non-profit corporation created by the Sarbanes–Oxley Act, a 2002 United States federal law, to oversee the auditors of public companies. Its stated purpose is to "protect the interests of investors and further the public interest in the preparation of informative, fair, and independent audit reports". Although a private entity, the PCAOB has many government-like regulatory functions, making it in some ways similar to the private "self-regulatory organizations" (SROs) which regulate stock markets, broker-dealers, etc. in the United States. In conversation, the PCAOB is often pronounced "peekaboo".

PCAOB press release, blog etc

05/16/2017 - 11:01 PCAOB Announces June 6 Webinar for Auditors of Broker-Dealers on Auditing Related Party Transactions
05/10/2017 - 10:27 PCAOB Announces Standing Advisory Group Meeting
04/05/2017 - 14:00 PCAOB Announces 2017 Forums on Auditing in the Small Business Environment
03/29/2017 - 09:32 PCAOB Sanctions Former Deloitte Brazil Chairman and CEO for Violations Related to Failures to Cooperate with a Board Investigation
03/20/2017 - 10:41 PCAOB Sanctions Former PricewaterhouseCoopers Brazil Partner for Audit Failures
02/09/2017 - 09:40 PCAOB Announces $1 Million Settlement with Indonesian Member of Ernst & Young Network for Audit Failure, Noncooperation, and Violations of Quality Control Standards
12/16/2016 - 10:49 PCAOB Announces Eight New and Seven Reappointed Standing Advisory Group Members
12/15/2016 - 14:00 PCAOB Concludes 10th Annual International Institute on Audit Regulation
12/05/2016 - 10:12 PCAOB Announces $8 Million Settlement with Deloitte Brazil for Violations Including Issuing Materially False Audit Reports and 12 Individuals Also Sanctioned for Various Violations
12/05/2016 - 09:33 PCAOB Announces $750,000 Settlement with Deloitte Mexico for Failing to Effectively Implement Quality Control Policies and Procedures for Audit Documentation
11/29/2016 - 09:27 PCAOB Enters Into Cooperative Agreement with Italian Audit Regulator
11/17/2016 - 11:46 PCAOB Approves 2017 Budget and 2016-2020 Strategic Plan
11/16/2016 - 12:40 PCAOB Announces Standing Advisory Group Meeting Nov. 30
11/14/2016 - 16:12 PCAOB Announces Dec. 13 Webinar for Auditors of Brokers and Dealers on the Use of Service Organizations
11/04/2016 - 12:44 PCAOB to Consider 2017 Budget and Strategic Plan at Open Meeting
10/24/2016 - 11:41 PCAOB Concludes 2016 Economic Conference on Auditing and Capital Markets
10/17/2016 - 11:30 PCAOB Solicits Candidates for Economic Research Fellowships for the 2017-2018 Academic Year
10/17/2016 - 08:31 PCAOB Enters Into Cooperative Agreement with the New Finnish Patent and Registration Office