In the recent edition of the Journal of Accountancy, the auditing of internal control over financial reporting, is listed as a topic that has received a lot of attention from the PCAOB this year, and is one of the key risk factors for the 2013 audit cycle, according to a new Center for Audit Quality (CAQ) alert. A […]
Tag Archives: PCAOB reporting standards
10
Sep
Changes to Auditor Reporting Standards Proposed by PCAOB
The Public Company Accounting Oversight Board (PCAOB) issued proposed modifications to auditor reporting standards on August 13, 2013. These proposals will follow the process, including concept release issued over two years ago, discussing possible changes to the standard auditor’s report that would provide more useful information to investors. The two new standards proposed by the PCAOB are: 1. addressing the content […]