Two publications from the PCAOB

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

28 Apr 2006

The United States Public Company Accounting Oversight Board (PCAOB) has issued the following two publications: (PDF 39k).

This overview provides guidance on applying AS 4. Section 404 of the Sarbanes-Oxley Act of 2002 requires public companies to report annually on the effectiveness of the company's internal controls. The company's independent auditor must report on that assessment. AS No. 4 describes the steps to be used by auditors when a company voluntarily engages them to report on whether a material weakness, previously identified in the annual Section 404 report, no longer exists.
  • (PDF 64k). This document provides the PCAOB staff's opinions on issues related to the implementation of the PCAOB funding rules. There are 232 questions and answers.

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