The PCAOB would like to hear from investors and is conducting an investor-specific survey in addition to their general request for comment. The deadline to complete the survey is May 29th.
PCAOB should resist pressure from the SEC to shift its focus from important transparency projects.
Investors, not the company, are the auditor’s client. Changing this paradigm, where auditors are beholden to management, is essential to fully resolving independence and objectivity challenges.
PCAOB finds compromise option for making audit-partner disclosure more convenient and transparent.