PCAOB chairman Mark Olson says countries would also have bilateral agreements in working towards full compliance
The US audit oversight watchdog has announced the criteria it will use in considering which countries it can fully rely on to oversee auditors of foreign issuers.
Speaking at an audit regulation conference in Brussels, Public Company Accounting Oversight Board chairman, Mark Olson, said the developments were a result of commitments by himself and European commissioner, Charlie McCreevy, to advance collaborative efforts in 2007
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