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Aug 17, 2023

PCAOB issues proposal to increase auditor vigilance against fraud and other noncompliance

The PCAOB issued for public comment Release No. 2023-003, Amendments to PCAOB

The PCAOB issued for public comment Release No. 2023-003, Amendments to PCAOB Auditing Standards related to a Company's Noncompliance with Laws and Regulations.

If adopted, the proposal would strengthen and enhance auditor obligations in three key respects:

The deadline for public comment on the proposal is August 7, 2023.

Throughout the proposal, the PCAOB requests comment on specific issues. Readers are encouraged to answer these questions, to comment on any aspect of the proposal, and to provide reasoning and relevant data supporting their views.

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