PCAOB Professional Standards & Rulemaking

The PCAOB is required to establish or adopt, or both, auditing, quality control, ethics, independence, and other standards relating to the preparation of audit reports for public companies, in accordance with Section 103 of the Sarbanes-Oxley Act of 2002.  All of the PCAOB's standards and rules go through the following process:

  • First, a proposed standard or rule is adopted by the PCAOB typically after a public comment period.
  • Second, the standard or rule is sent to the SEC for approval.

The SEC's approval process also typically involves a public comment period. PCAOB rules do not take effect unless approved by the SEC.

The following are links to PCAOB rules and standards:


The PCAOB Standing Advisory Group (SAG) is a group whose purpose is to advise the PCAOB on the establishment of auditing and related professional practice standards. The SAG is composed of highly qualified persons representing the auditing profession, public companies, investors and others. Access SAG meeting summaries and meeting materials at the respective link.


The PCAOB Investor Advisory Group (IAG) was established to provide views and advice to the Board on broad policy issues, and other matters that affect investors related to the work of the PCAOB. The IAG provides high-level advice and insight on matters the Board may face in fulfilling its mission to protect investors. Access IAG meeting summaries and related meeting materials at the respective link.