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December 2012 » Potential Changes to the Auditor's...
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Richard C. Jones, PhD, CPA
In June 2011, the Public Company Accounting Oversight Board (PCAOB) issued Release 2011-003, Concept Release on Possible Revisions to PCAOB Standards Related to Reports on Audited Financial Statements (http://pcaobus.org/Rules/Rulemaking/Docket034/Concept_Release.pdf). The PCAOB held a public roundtable meeting in September 2011, at which financial statement preparers, auditing firm representatives, investors, and other interested parties offered comments on the proposal.
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