PCAOB Issues Publication on Conversations With Audit Committee Chairs March 25, 2022 The PCAOB has issued Spotlight — 2021 Conversations With Audit Committee Chairs. The publication discusses key takeaways from the PCAOB’s discussions with audit committee chairs, such as: Required communications between the auditor and audit committee. Discussions in addition to required communications. Auditor strengths and areas for improvement. Review and discussion of PCAOB inspection reports. Quality control systems at audit firms. Information outside the financial statements.