PCAOB Introduces Firm Consultation Process for Accounting Practices
The US Public Company Accounting Oversight Board (PCAOB) has launched a new consultation mechanism to assist registered public accounting firms in implementing PCAOB standards and rules. The process, administered by the Office of the Chief Auditor (OCA), allows companies to seek informal guidance on auditing practices, ethics, and independence requirements.
Topics: audit quality consultation process ethics and independence PCAOB