PCAOB defers some audits of non-US audit firms
05 Dec 2008
The US Public Company Accounting Oversight Board (PCAOB) has adopted an amendment to an existing rule and has issued for public comment a separate proposed amendment to that rule. Both amendments relate to the timing of certain inspections of registered non-US audit firms.
The PCAOB also invited public comment on possible courses of action to address circumstances in which the PCAOB might be unable to complete an inspection because of a firm's concern that doing so may violate the firm's local law. Click for PCAOB news release (PDF 24k).
