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US PCAOB Issued Record Fines in 2023

by Starling Insights

Observations

Dec 01, 2023

The US Public Company Accounting Oversight Board (PCAOB) has set a new record for fines in 2023, with $11.85mn levied against more than three dozen firms, including PwC, Deloitte, and KPMG.

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PCAOB Enforcement Spiked in 2022

by Starling Insights

Observations

Mar 17, 2023

According to a recent Cornerstone Research report, the Public Company Accounting Oversight Board's (PCAOB) enforcement activity increased notably in 2022. In total, the Board disclosed 29 disciplinary actions relating to audit quality and performance, up 61% from 2021 and the most since 2017.