On August 26, 2025, the PCAOB announced the formation of the Smaller Firm Resource Group, an advisory group of professionals from smaller audit firms that will advise the PCAOB on auditing and related professional practice standards, inspections and related activities, and economic considerations and their impact on audit quality. PCAOB Acting Chair George R. Botic emphasized the essential role that small audit firms play in U.S. capital markets and in protecting investors.
The news release is here.