New research sheds light on the PCAOB's enforcement process

A W. P. Carey accountancy expert shares recommendations for establishing fair enforcement policies for the Public Company Accounting Oversight Board (PCAOB).

In this article published Sept. 8, 2025, in Forbes:

That means creating a transparent evaluation framework, requiring public reports to explain exactly how the violation harmed or could harm investors, and publishing clear penalty guidelines tied to investor impact. These steps would keep enforcement focused on protecting investors rather than chasing statistics.

— Eldar Maksymov, professor of accountancy