PCAOB

PCAOB Announces Audit Practitioner Fellowship Program

The Public Company Accounting Oversight Board (PCAOB) has launched a new Audit Practitioner Fellowship Program to bring experienced auditors to the PCAOB for two-year terms. The application deadline for this program is May 15, 2026.

PCAOB Censure and $50,000 Fine for Fruci & Associates II, PLLC

The PCAOB has censured Fruci & Associates II, PLLC, imposed a $50,000 civil penalty, and mandated remedial actions. The sanctions stem from findings that the firm violated PCAOB rules and quality control standards in audits of issuers like Clean Vision Corp. and Hammer Fiber Optics Holdings Corp.

PCAOB Grants Petition to Terminate Bar for Brandon R. Keyes

The Public Company Accounting Oversight Board (PCAOB) has granted Brandon R. Keyes' petition to terminate a bar imposed in December 2022. Keyes, previously barred and fined $35,000 for audit deficiencies, is now permitted to associate with a registered public accounting firm, Richey May & Co., LLP, under specific supervision requirements.

PCAOB Bars Scott Reams, Fines $35,000, Allows Petition After Two Years

The PCAOB has granted Scott Reams' petition to terminate a bar imposed in December 2022, which included a $35,000 fine. Reams was found to have violated PCAOB rules in an audit engagement. The PCAOB has now consented to his association with a registered public accounting firm, subject to certain supervision requirements.

PCAOB Censure and Bar of Jeffrey Hoskow

The Public Company Accounting Oversight Board (PCAOB) has censured Jeffrey Hoskow and barred him from being an associated person of a registered public accounting firm. The sanctions stem from violations of PCAOB rules and standards concerning audit documentation.

PCAOB Censure and Registration Revocation of Zwick CPA, PLLC

The PCAOB has censured Zwick CPA, PLLC and its principal, Jack Zwick, revoked the firm's registration, and barred Zwick from the profession. The firm and Zwick were jointly and severally fined $50,000 for violations of PCAOB rules and standards in an audit of an issuer client.

PCAOB Sanctions Zwick CPA, Revokes Registration, Imposes $50,000 Penalty

The PCAOB has sanctioned Zwick CPA, PLLC, its owner Jack Zwick, and former audit manager Jeffrey Hoskow for multiple violations of PCAOB rules and standards related to the audit of Genie Energy Ltd. The sanctions include revoking the firm's registration, barring individuals, and imposing a $50,000 penalty.

PCAOB Publishes Expanded Inspection Reports on Three Firms

The PCAOB has published expanded inspection reports for three audit firms: Assure CPA, LLC; Kronick Kalada Berdy & Co, P.C.; and Michael T. Studer CPA P.C. These expansions are due to the firms' failure to adequately address quality control issues within the 12 months following the original inspection reports.

PCAOB Publishes 15 New Firm Inspection Reports

The Public Company Accounting Oversight Board (PCAOB) has published 15 new inspection reports for audit firms. These reports cover firms in various countries and provide insights into their audit quality. The PCAOB encourages users to visit its Firm Inspection Reports page for more detailed filtering and data access.

PCAOB Names William Ryan Acting Director of Enforcement Investigations

The Public Company Accounting Oversight Board (PCAOB) announced William Ryan has been named Acting Director of its Division of Enforcement and Investigations. He succeeds Robert E. Rice, who is retiring. This appointment oversees investigations and enforcement of PCAOB rules and securities regulations.