Monday Morning Accounting News Brief: Firms Fight Back on Public Metrics; A Rejection or a Blessing? | 1.6.25
Going Concern
JANUARY 6, 2025
Several accounting firms argued disclosing the metrics to the audit committee of a companys board would be better than making them public for shareholders because that is the committee that ultimately appoints the auditor. As a refresher, these are the metrics the PCAOB wants firms to start reporting: Partner and Manager Involvement.
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