The Public Company Accounting Oversight Board has issued a supplemental request for comments on its proposal to reorganize the existing PCAOB auditing standards, while also providing an online demonstration of the proposed reorganization, presenting the existing auditing standards as they would look if reorganized according to the proposed framework.
“The proposed reorganization is intended to make PCAOB auditing standards more accessible and easier to navigate,” said PCAOB chairman James R. Doty in a statement. “This supplemental request and demonstration version provide further opportunity for the public to consider and comment on the proposed reorganization.”
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