The U.S. audit regulator expects to consider updates to its rules for supervision of outside auditors in 2021.
Public Company Accounting Oversight Board staff plan to give a recommendation to the board for action next year, Chief Auditor Megan Zietsman said Monday during a virtual banking conference hosted by the American Institute of CPAs.
- Staff are actively working on the standard, Zietsman said. She also said inspections targeting multi-location audits and the board’s work on a new
quality controls standardare feeding into the project.
- The standard was among a batch of rule changes nearing completion in 2017 when ...