A recent Brattle report prepared by Principal Alison Forman and Associate Adam Karageorge, which analyzes auditor enforcement activity in 2025, has been featured in Thomson Reuters and Accounting Today. The report finds that the two regulators together initiated 39 enforcement actions in 2025 – a 33% decrease from 2024 – while total monetary sanctions of $17.9 million fell 66% from the prior year.

Media coverage includes:

The full report, 2025 Enforcement Activity Involving Auditors: SEC & PCAOB Enforcement Actions Brought Against Public Accounting Firms and Associated Individuals, is available below.

View Report