backOn February 4, 2026, the PCAOB staff released guidance for auditors of broker-dealers regarding the testing of transactions between broker-dealers and related parties under AS 2410, Related Parties. The guidance highlights PCAOB standards related to audit procedures involving a broker-dealer’s revenue and expense transactions with related parties and includes observations regarding the identification and assessment of risks of material misstatement, responses to such risks, financial statement disclosures, and required communications about relationships and transactions with related parties. The guidance also provides insights into the staff’s perspective on common deficiencies observed in broker-dealer inspections and good practices.
The guidance is available here.