This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

PCAOB issues staff guidance on its new Form AP

  • PCAOB (US Public Company Accounting Oversight Board) (dark gray) Image

Jun 29, 2016

On June 29, 2016, the Public Company Accounting Oversight Board (PCAOB) issued staff guidance intended to help auditors file reports on Form AP, “Auditor Reporting of Certain Audit Participants.” The Board also announced the launch of a Web resource page on Form AP.

In December 2015, the PCAOB adopted new rules and related amendments — which created Form AP — that require audit firms to disclose the name of the engagement partner and information about certain other audit participants.

The PCAOB’s staff guidance “covers provisions of the new rules, such as assigning engagement partner identification numbers and estimating audit hours when disclosing the participation of other accounting firms, among other things.”

The new Form AP Web resource page provides “additional resources to audit firms preparing to comply with the new rules, such as general instructions for the form and a sample form that can be downloaded for reference.”

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.