PCAOB Issues Publication on Conversations With Audit Committee Chairs

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Mar 25, 2022

In March 2022, the Pub­lic Com­pany Ac­count­ing Over­sight Board (PCAOB) has issued “Spotlight — 2021 Conversations With Audit Committee Chairs”. The publication discusses key takeaways from the PCAOB’s discussions with audit committee chairs.

The items discussed include:

  • Required communications between the auditor and audit committee;
  • Discussions in addition to required communications;
  • Auditor strengths and areas for improvement;
  • Review and discussion of PCAOB inspection reports;
  • Quality control systems at audit firms; and
  • Information outside the financial statements.

Re­view the Spotlight publication on the PCAOB's web­site.

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