New PCAOB auditing standard on EQR
28 Jan 2010
The US Public Company Accounting Oversight Board (PCAOB) has published Auditing Standard 7 Engagement Quality Review, and a conforming amendment to PCAOB Interim Quality Control Standards (as set out in the PCAOB's Bylaws and Rules), which were approved by the US Securities and Exchange Commission.
Both are effective for engagement quality reviews of audits and interim reviews for financial years beginning on or after 15 December 2009:
- Auditing Standard 7 (PDF 78k)
- PCAOB Bylaws and Rules Including Conforming Amendment (PDF 1,655k)
