- column
- INSIDE AICPA
Institute Proposes Auditing Standards Changes to PCAOB
Please note: This item is from our archives and was published in 2003. It is provided for historical reference. The content may be out of date and links may no longer function.
Related
Auditing Standards Board proposes changes to attestation standards
What to know about engagement quality reviews (SQMS No. 2)
Change at the top: PCAOB will feature new chair, 3 new board members
TOPICS
In response to a Public Company Accounting Oversight Board (PCAOB) request for comments (PCAOB release no. 2003-05), the auditing standards board recommended amendments to standards included in the PCAOB’s interim professional auditing standards ( http://cpcaf.aicpa.org/Resources/Sarbanes+Oxley/Archive+-+AICPA+Submits+Recommendations+on+Auditing+Standards+to+PCAOB.htm ). The ASB also proposed issuance of a new auditing standard, Retention of Records Relevant to Audits and Reviews and Strengthening the Commission’s Requirements Regarding Auditor Independence, to reflect certain provisions of the Sarbanes-Oxley Act of 2002 and SEC rules.
