PCAOB Proposes Requirement that Audit Reports Include Engagement Partner Name and Disclosure on Other Audit Participants | Practical Law

PCAOB Proposes Requirement that Audit Reports Include Engagement Partner Name and Disclosure on Other Audit Participants | Practical Law

On October 11, 2011, the Public Company Accounting Oversight Board (PCAOB) issued proposed amendments to its auditing standards that would require additional disclosure in audit reports. Specifically, the proposed amendments would require registered accounting firms to include in the audit report the engagement partner's name and certain disclosure about other independent accounting firms and other persons that participated in the audit.

PCAOB Proposes Requirement that Audit Reports Include Engagement Partner Name and Disclosure on Other Audit Participants

by PLC Corporate & Securities
Published on 12 Oct 2011USA (National/Federal)
On October 11, 2011, the Public Company Accounting Oversight Board (PCAOB) issued proposed amendments to its auditing standards that would require additional disclosure in audit reports. Specifically, the proposed amendments would require registered accounting firms to include in the audit report the engagement partner's name and certain disclosure about other independent accounting firms and other persons that participated in the audit.