Heads Up: PCAOB Issues Proposed Auditing Standard on Communications With Audit Committees
Volume 17, Issue 15
The attached issue of Heads Up discusses the PCAOB’s recently issued “Proposed Auditing Standard Related to Communications With Audit Committees.” The PCAOB’s primary objectives in proposing the new standard are to (1) enhance the relevance and effectiveness of the communications between the auditor and the audit committee and (2) emphasize the importance of effective, two-way communications between the auditor and the audit committee to better achieve the objectives of the audit.
Read more in the file attached below or visit the Heads Up Archive for past issues.
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