8
Jan

Financial Preparers Oppose the PCAOB’s Plan for More Disclosures

The PCAOB’s proposal requiring additional information in the auditors’ report, is facing opposition from the preparers of financial statements, industry organizations and audit committees.  In a recent Journal of Accountancy article,  they reported more than 60 companies posting letters on the PCAOP’s website expressing opposition to the proposed requirements for the auditor to include descriptions of “critical […]

14
Aug

A New Auditor’s Reporting Model is Being Considered by PCAOB

The PCAOB, Public Company Accounting Oversight Board, met August 13th., 2013,  to consider proposing a new auditor’s reporting model as well as new auditor’s responsibilities for other information in an annual report that contains audited financial statements and the auditor’s report, writes Ken Tysiac for the Journal of Accountancy. These contents of the auditor’s report have been the […]