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PCAOB Targets 650 Audits

The audit oversight board will pore over 500 audits by the Big Four and 150 produced by the second-tier accounting firms.

> > The watchdog of public-company-auditing forms will look at auditor independence and such non-audit help as tax services, "in the post-Sarbanes-Oxley environment," PCAOB Chairman William McDonough said in remarks to the House Financial Services Committee Subcommittee on Capital Markets, Insurance and, Government-Sponsored Enterprises. The PCAOB also plans to hold a July 14 forum on tax services and auditor independence.
Source: CFO


Published:2004-06-25
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