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PCAOB launches resource page for smaller audit firms

January 28, 2025
in Accounting
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PCAOB launches resource page for smaller audit firms
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The Public Company Accounting Oversight Board today launched an online resource page with content tailored for smaller firms. 

The page features links to publications and videos, recordings of recent presentations from PCAOB forums, and a signup form for a new PCAOB Communications to Small Audit Firm Practitioners mailing list.

“Smaller audit firms are an important part of the auditing landscape, and they play a critical role in investor protection,” PCAOB chair Erica Williams said in a statement. “The PCAOB is keenly interested in further engaging with auditors at smaller firms on their unique needs and challenges and finding new ways — such as the resource page we are launching today — to help them succeed.”

The PCAOB defines smaller firms as those that issue or play a substantial role in the audits of 100 or fewer public companies; more than 500 such firms are involved in the audits of over 3,200 companies. 

The resource page is part of the board’s increased focus on smaller firms, with initiatives such as nationwide in-person forums, emphasizing the scalability of new and existing standards and rules, sharing more insights from inspections, and launching a new publication series targeted at smaller firms.

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