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PCAOB releases bevy of fines as Williams sets clear direction

Erica Williams, Chair PCAOB
Photo: PCAOB

The US Public Company Accounting Oversight Board (PCAOB) released settled disciplinary orders for a range of violations, imposing penalties totaling approximately $4m across nine different firms.

These actions are just the latest in a steady stream of disciplinary actions by the audit overseer, which has stepped up enforcement activity since Erica Williams became chair in January 2022.

Let’s take a closer look at two of those actions. PwC’s Greek branch was fined $3m on Tuesday for ignoring