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Audit Recommendations Final; PCAOB Turns to SAG

Tammy Whitehouse | October 10, 2008

The Treasury Advisory Committee on the Auditing Profession has published its final report on how to rescue and sustain the auditing profession, and the Public Company Accounting Oversight Board has already stocked its agenda with a few of those recommendations.

The PCAOB is assembling its Standing Advisory Group on Oct. 22 to discuss the feasibility of establishing indicators that would define audit quality or audit effectiveness and to debate the utility and implications of having auditors sign audit reports. The group also will discuss audit issues that may be emerging in the current...

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