TITLE

PCAOB Staff Audit Practice Alert No. 6, Auditor Considerations Regarding Using the Work of Other Auditors and Engaging Assistants from Outside the Firm

PUB. DATE
October 2010
SOURCE
GAAS Update Service;10/15/2010, Vol. 10 Issue 19, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the significance of the Staff Audit Practice Alert No. 6 issued by the Public Company Accounting Oversight Board (PCAOB) in July 2010 in the U.S. It stresses that the alert was a result of the board's investigations on the audit reports of some business firms which are not applying PCAOB standards on Interim AU Section 543. It presents the analysis and explanation on deciding whether to serve as principal auditor and engaging assistants from outside the firm.
ACCESSION #
54576644

 

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