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PCAOB to vote on Final Audit Standards

PCAOB to vote on Final Audit Standards

by Toby Lucich on May 19, 2007

On May 24, the Public Company Accounting Oversight Board (PCAOB) will vote on a final standard on auditing internal control over financial reporting, as well as a related independence rule and conforming amendments to the board’s auditing standards.

If adopted, the new standard would supersede the board’s existing auditing standard, Auditing Standard No. 2, “An Audit of Internal Control over Financial Reporting Performed in Conjunction with an Audit of Financial Statements.”

PCAOB to vote on final audit standards

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