PCAOB posts conversations with audit committee chairs: COVID-19 and the audit
Aug 28, 2020
In August, the Public Company Accounting Oversight Board (PCAOB) released a publication that asked audit committee chairs how they are thinking about the effect of COVID-19 on financial reporting and the audit as they perform their oversight duties, given the unprecedented challenges for auditors, audit committees, and issuers created by the COVID-19 pandemic.
As part of the Public Company Accounting Oversight Board’s (PCAOB) strategic goal of enhancing transparency and accessibility through proactive stakeholder engagement, the PCAOB has committed to engaging more directly and more often with audit committees.
In an effort to provide transparency into that process and as part of the reporting out of what they heard, PCAOB staff released a new resource for audit committees, Conversations with Audit Committee Chairs: COVID-19 and the Audit.
Review the publication on the PCAOB's website.