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Deloitte comments on the PCAOB's proposal on supervision of audits involving other auditors

Published on: Aug 02, 2016

Deloitte & Touche LLP comments on the PCAOB's Proposed Amendments Relating to the Supervision of Audits Involving Other Auditors and the Proposed Auditing Standard — Dividing Responsibility for the Audit with Another Accounting Firm, which were issued in April 2016.

The comment letter states, "We are supportive of the objectives of the Board’s Proposal, and offer certain constructive suggestions in this letter." The letter identified the following main implementation considerations:

  • Definition, roles, and responsibilities of the lead auditor, including sufficiency of participation.
  • Determining the other auditor’s compliance with independence and ethics requirements.
  • Dividing responsibility for the audit with another accounting firm.

More details are included in the comment letter below.


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