The US audit regulator is targeting next year to issue a proposal that would modernize attestation rules considered a tool that auditors could use to vet corporate disclosures such as carbon emissions.
The Public Company Accounting Oversight Board laid out the new timeline Tuesday in its updated list of standards slated for revisions. The board’s standard-setting agenda fast-tracks a project that would revise rules for reporting rare circumstances such as qualified opinions or opinions for financial statements that don’t comply with accounting standards.
The board also removed a rule-writing project that would have enabled the PCAOB to more quickly discipline ...
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