The Public Company Accounting Oversight Board announced a number of disciplinary orders and sanctions last week, imposing fines as high as $125,000 on individual firms and partners.
The orders covered a range of infractions, from inadequate quality control standards and independence violations, to disclosure and reporting requirement failures.
"When auditors fall short in performance, documentation, supervision, and quality control, they are putting investors at risk, and the PCAOB will take action," said Chair Erica Williams, in a statement.
Since Williams took the helm in January 2022, she has
Below are the disciplinary orders that were released last week.