Our Standards Team

The goal of all standard setting is to improve the audit for the protection of investors and our staff is committed to that mission.

The Office of the Chief Auditor advises the board on the establishment and maintenance of PCAOB standards for the audits of public companies and broker-dealers. The staff evaluates whether standard setting is needed through research and fact-gathering, review of inspection results, and meetings with advisers, such as the PCAOB Standing Advisory Group. Our standards group interacts with industry, business, and government leaders.

Our staff has written standards on risk assessment, related party transactions and changes to the auditor's reporting model, to name a few. They work across PCAOB divisions to share their expertise and hear from colleagues in inspections, enforcement, and economic & risk analysis.

Additionally, standards staff prepares guidance on the application of PCAOB standards. For example, they write Audit Practice Alerts to highlight new, emerging or otherwise noteworthy circumstances that may affect how auditors conduct audits, such as auditing revenue under new accounting standards.