United States

PCAOB issues Audit Committee Dialogue

FINANCIAL REPORTING INSIGHTS  | 

The Public Company Accounting Oversight Board (PCAOB) recently issued Audit Committee Dialogue, the first in a series of publications intended to provide insights from PCAOB inspections of public company auditors that may be helpful to audit committee members in their oversight of their auditors. This publication highlights key areas of recurring concern in PCAOB inspections of large audit firms as well as certain emerging risks to the audit. It also provides targeted questions that committee members may ask their auditors on each topic.