PCAOB Postpones Effective Date of Quality Control Standard

The PCAOB has announced that it has postponed — from December 15, 2025, to December 15, 2026 — the effective date of QC 1000, A Firm’s System of Quality Control and Other Amendments to PCAOB Standards, Rules, and Forms (released in May 2024). Among other things, QC 1000 requires “all PCAOB registered firms to identify their specific risks and design a [quality control] system that includes policies and procedures to guard against those risks.” The one-year postponement is intended to give firms that have found it challenging to implement the standard’s requirements enough time to address such challenges.

For more information, see the press release on the PCAOB’s Web site.