Investors rely on auditors to ensure the information they receive from financial statements issued by public companies is accurate.
The PCAOB sets standards auditors must follow to ensure those audits meet the high quality investors deserve.
PCAOB standards establish fundamental auditing concepts and procedures, such as auditor independence and consideration of fraud.
Our standards also provide rules for how auditors should approach quality control, ethics, and more.
How can investors engage with the PCAOB on standard setting?
Here are three ways:
1. Learn more about our standard-setting process.
On our website, you’ll find information about how our standards are shaped by careful study of auditing issues and economic analysis - both before and after a standard is adopted.
2. Give us your perspective on our standard-setting proposals.
The Board is working to modernize PCAOB standards to better protect investors in today’s world.
We encourage investors and others to read our standard-setting proposals - and to provide your input.
3. Sign up for project updates.
Get alerts when there are major updates for our standard-setting projects, such as requests for comment on proposals.
Visit www.pcaobus.org/investors for more resources and information.
This video was posted on April, 25, 2024.
24 апр 2024