The Public Company Accounting Oversight Board announced plans to host a public meeting on Wednesday and Thursday, April 2-3, to get further feedback on its proposal to improve the auditor's reporting model.
The board’s August 2013 proposal includes a new auditing standard that aims to make the audit report more relevant to investors by providing deeper insights from the audit based on information the auditor already knows from the audit. The proposal also includes a second auditing standard to enhance the auditor's responsibilities for other information in an annual report that contains audited financial statements and the auditor's report.
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