The Public Company Accounting Oversight Board has published a new document highlighting conversations it has had with audit committee chairs on what has worked best for them in improving audit quality.
“Continuous dialogue with audit committees on areas of mutual importance helps us to advance our mission and may assist audit committees in fulfilling their duties,” the PCAOB said. “To that end, our conversations focused broadly on audit quality, with specific discussions around such topics as audit committee perspectives of the auditor, new auditing and accounting standards, and technology and innovation.”
