New PCAOB Rules Would Push Auditors to Assemble Final Documentation More Quickly
CPA Practice
MAY 14, 2024
The Public Company Accounting Oversight Board (PCAOB) approved a sweeping new standard on the general responsibilities of an auditor on May 13, including a provision that significantly cuts the maximum time period for the auditor to assemble a complete and final set of audit documentation from 45 days to 14 days.
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