PCAOB Enters Into Agreement with Lithuanian Audit Regulator

On November 19, 2025, the Public Company Accounting Oversight Board announced it reached a Statement of Protocol with the Authority of Audit, Accounting, Property Valuation and Insolvency Management of Lithuania, which went into effect on November 12, 2025. The agreement facilitates cooperation between the two organizations for the oversight, including inspections and investigations, of auditors that practice in the regulators’ jurisdictions. It does not create any binding legal obligations or supersede domestic laws.

The PCAOB news release can be found here.