“By catching and communicating noncompliance sooner, auditors can help companies course correct and better protect investors from risk,” said the Public Company Accounting Oversight Board (PCAOB) Chair Erica Y Williams as the regulator issued a new proposal for public comment. The PCAOB wants to amend PCAOB auditing standards related
PCAOB proposal seeks to increase auditor vigilance against fraud
Proposed changes will strengthen auditor requirements to locate and communicate noncompliance with laws and regulations.