SEC2421. PCAOB Standards: Considerations for Issuers

The PCAOB has been extremely active on the standard setting and rulemaking front during the past few years. Last year they took more actions than in any other year in the past ten years. Many proposals have been finalized in the current year and many final standards will become effective in the next few years. These standards will not just affect auditors, but will also impact stakeholders throughout the financial reporting ecosystem.

Learning Objectives:

• Analyze the Public Company Accounting Oversight Board’s (PCAOB) standard setting landscape
• Identify the potential impact on preparers and others within the financial reporting ecosystem