THE US Public Company Accounting Oversight Board is to address the relevance and value of the audit report in a series of papers to be published in the coming months.
Two projects will run simultaneously: the first will examine possible changes to the audit reporting model with a view to adding value for the investor; the second looks at enhancing the relevance of the report by boosting confidence in the audit.
Chairman James R Doty (pictured) addressed the Securities and Exchange Commission and the Financial Reporting Institute at a conference in California yesterday.
See full Article.
Posts
