Auditing and securities regulators have decided to coordinate their schedules this fall, preparing a double feature of new guidance for corporations struggling to comply with Sarbanes-Oxley and for auditors who have misunderstood Auditing Standard No. 2—all within the next two months.
First up is the Public Company Accounting Oversight Board, which wants to reveal its proposal to amend AS2 “later this fall,” according to PCAOB Chairman Mark Olson, who made the remarks in a speech Oct. 17 at the National Association of Corporate Directors.
