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Why PCAOB Registered Firms Are Sitting Out Public Audits
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Subscribe17 APR 2026 / PCAOB UPDATES
CPE Approved
The PCAOB's 2025 annual report showed that 60% of registered audit firms performed no issuer, broker-dealer, or substantial-role audits. This leads to questions about the value and cost of continued registration, especially when it does not reflect active audit work.
If you signed up for a gym membership, never showed up, and still kept paying dues, you'd at least get a few side-eye looks from the front desk. Turns out, about 863 audit firms are doing something structurally similar with the PCAOB, and the board is...
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