United States

Defining Issues: PCAOB Proposes Two Auditing Standards to Enhance Auditor's Report

Aug 23, 2013
From the Financial Reporting View

This edition of Defining Issues reports that the Public Company Accounting Oversight Board (PCAOB) recently proposed two new auditing standards and related amendments that are intended to enhance the auditor's reporting model. The proposed effective date for the new standards and related amendments, subject to SEC approval, would be for audits of financial statements for fiscal years beginning on or after December 15, 2015. The comment period for the proposed standards and related amendments ends December 11, 2013.

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