Accounting Firm Quarterly Update, Q2 2026
Client Alert | August 5, 2026
We are pleased to provide you with Gibson Dunn’s Accounting Firm Quarterly Update for Q2 2026. The Update is available in .pdf format at the below link, and addresses news on the following topics that we hope are of interest to you:
- PCAOB, SEC Add Enforcement Senior Leadership
- PCAOB Staff Launches Firm Consultation Process Regarding Application of PCAOB Standards
- SEC and PCAOB Seek Public Comment on Strategic Plans and Agendas
- PCAOB Proposes Targeted Amendments to QC 1000
- PCAOB Restricts Naming of Audit Clients and Drops “Gag Rule” in Settled Enforcement Actions
- Recent PCAOB Board Member Christina Ho Publishes Article Criticizing PCAOB and Calling for Structural Reforms
- Supreme Court Holds SEC May Obtain Disgorgement Without Proving Investor Pecuniary Harm in Sripetch v. SEC
- Senator Warren Urges PCAOB to Strengthen Standard-Setting, Inspections, and Enforcement
- Other Recent SEC and PCAOB Developments
Please let us know if there are topics that you would be interested in seeing covered in future editions of the Update.
Warmest regards,
Jim Farrell
Michael Scanlon
David Ware
Accounting Firm Advisory and Defense Practice Group, Gibson, Dunn & Crutcher LLP
In addition to the practice group chairs, this update was prepared by Monica Limeng Woolley, Hayden McGovern, Nicholas Whetstone, Ty Shockley, Garrick R. Donnelly, and Jimmy Scoville.
Practice Group Contacts:
Jim Farrell – Co-Chair, New York (+1 212-351-5326, jfarrell@gibsondunn.com)
Michael Scanlon – Co-Chair, Washington, D.C. (+1 202-887-3668, mscanlon@gibsondunn.com)
David Ware – Washington, D.C. (+1 202-887-3652, dware@gibsondunn.com)
© 2026 Gibson, Dunn & Crutcher LLP. All rights reserved. For contact and other information, please visit us at www.gibsondunn.com.
Attorney Advertising: These materials were prepared for general informational purposes only based on information available at the time of publication and are not intended as, do not constitute, and should not be relied upon as, legal advice or a legal opinion on any specific facts or circumstances. Gibson Dunn (and its affiliates, attorneys, and employees) shall not have any liability in connection with any use of these materials. The sharing of these materials does not establish an attorney-client relationship with the recipient and should not be relied upon as an alternative for advice from qualified counsel. Please note that facts and circumstances may vary, and prior results do not guarantee a similar outcome.