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PCAOB requests comments on alternative for disclosing engagement partner and other audit participants

  • Regulations - PCAOB Image

Jun 30, 2015

On June 30, 2015, the Public Company Accounting Oversight Board (PCAOB) issued a supplemental request for comment that seeks feedback on its “2013 reproposal to require auditors to disclose in the auditor’s report the name of the engagement partner and information about certain other participants in the audit.” Specifically, the PCAOB is seeking feedback on a proposal under which auditors would disclose such information in a new form, known as Form AP, as an alternative to providing such disclosures in the auditor’s report. However, auditors would be permitted to “voluntarily provide the same disclosures in the auditor’s report.”

The deadline for submitting comments on the supplemental request is August 31, 2015.

Review the supplemental request for comment, press release and fact sheet on the PCAOB’s Web site.

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