Section 103 of the Sarbanes-Oxley Act of 2002 directs the Board to establish auditing and related attestation, quality control, ethics, and independence standards and rules to be used by registered public accounting firms in the preparation and issuance of audit reports as required by the Act or the rules of the Securities and Exchange Commission. The Board's Office of the Chief Auditor advises the Board on the establishment of such auditing and related professional practice standards.
The following standards and related rules have been adopted by the PCAOB and approved by the SEC.
Auditing Standard No. 1: References in Auditors’ Reports to the Standards of the Public Company Accounting Oversight Board
Auditing Standard No. 2: An Audit of Internal Control Over Financial Reporting Performed in Conjunction With an Audit of Financial Statements [Superseded]
Auditing Standard No. 3: Audit Documentation
Auditing Standard No. 4: Reporting on Whether a Previously Reported Material Weakness Continues to Exist
Auditing Standard No. 5: An Audit of Internal Control Over Financial Reporting That Is Integrated with An Audit of Financial Statements
Auditing Standard No. 6: Evaluating Consistency of Financial Statements
Auditing Standard No. 7: Engagement Quality Review