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PCAOB extends comment period for reproposed transparency amendments

  • PCAOB (US Public Company Accounting Oversight Board) Image

Jan 31, 2014

The PCAOB has extended the comment period for its reproposed amendments that aim to improve the transparency of public company audits. The new comment deadline is now March 17, 2014 (previously February 3, 2014).

The proposed amendments would require “(1) disclosure in the auditor’s report of the name of the engagement partner and (2) disclosure in the auditor’s report of the names, locations, and extent of participation of other independent public accounting firms that took part in the audit and the locations and extent of participation of other persons not employed by the auditor that took part in the audit.”

For more information, see the press release on the PCAOB's Web site.

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