The PCAOB just announced the Inspections Modernization Council — and the fact that they’re asking for outside help before announcing the answer says a lot about where this is headed.
In this video, Drew covers five things audit firm leaders need to know about what the PCAOB announced on May 28th, why seeking external expertise is a sign of organizational strength, and what modernized inspections could mean for your practice.
The application deadline to participate in the council is June 15, 2026. If your firm has expertise in inspection readiness, quality management systems, or audit technology, the window to weigh in is now.
We cover:
-Why the PCAOB is acknowledging the inspection program needs to evolve
-What Chairman Logothetis’s approach signals about the direction of oversight
-Who the council is looking for and why the breadth matters
-How to engage before the June 15 deadline
-What better-calibrated inspections will mean for firms that are prepared — and those that aren’t
CPAClub works with audit firms of all sizes on QC 1000 implementation, quality management systems, and inspection readiness.
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CPAClub is an advisory firm offering CPA firms with an assortment of technology, transformation, change management, and compliance solutions; these include quality control implementation, quality management monitoring, CTAPP reviews, EQR support, peer review support, education and training, and business process performance and improvement.
For more information on CPAClub, check out our website: cpaclub.cpa and connect with us on LinkedIn at www.linkedin.com/company/cpaclub
