PCAOB posts request for comment, seeks stakeholder input on critical audit matters

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

Apr 17, 2020

On April 17, 2020, the Public Company Accounting Oversight Board (PCAOB) released a Request for Comment from the Office of Economic and Risk Analysis, which seeks input from audit firms, preparers, audit committees, investors, and other financial statement users to inform the interim analysis of the Critical Audit Matter (CAM) requirements.

The PCAOB are mindful of the many challenges related to COVID-19 that stakeholders are dealing with at this time. To provide additional time for interested parties to share feedback, they extended the comment period from 30 to 60 days. Comments are requested by June 15, 2020.

Additional information on their interim analysis and specific questions for consideration are detailed in the Request for Comment.

Review the press release on the PCAOB's website.

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