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PCAOB adopts its first auditing standard...

  • PCAOB (US Public Company Accounting Oversight Board) (dark gray) Image

26 Feb 2004

The US Public Company Accounting Oversight Board has adopted Auditing Standard No.

1, References in Auditors' Reports to the Standards of the Public Company Accounting Oversight Board. AS 1 requires that auditors' reports on engagements conducted in accordance with the PCAOB's standards state that the engagement was performed in accordance with the standards of the PCAOB. This replaces previously required references to generally accepted auditing standards. Click to (PDF 73k). Link to PCAOB Press Release.

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