$14.5 Million in Fines on PCAOB Registered Firms in 2023

In the current year, twenty-one PCAOB registered firms have collectively faced over $14.5 million in fines from both the PCAOB and SEC due to a range of improper behaviors, including violations in:

• Quality Control

• Audit Standards

• Independence

• Professional Skepticism

• Audit Documentation Integrity

• Rule Violations

• Engagement with Unregistered Firms

• Communication with Audit Committees

• Failure to Disclose Required Information

Discover the latest insights into PCAOB Enforcement Actions of 2023 during a CCS 2-hour CPE audit event.