Following SEC Approval, PCAOB Posts Estimates & Specialists Implementation Pages

Today the PCAOB posted to its website two implementation pages for recent standard-setting activities—one for the new estimates standard and one for amendments on the auditor’s use of the work of specialists. These pages serve as a resource for auditors and other interested parties and include information such as fact sheets, rulemaking dockets, and PCAOB and SEC releases.

The PCAOB is committed to providing proactive, timely, and useful information prior to the effective dates of the new requirements. These implementation pages will be updated with additional resources in the future.

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About the PCAOB

The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB also oversees the audits of brokers and dealers registered with the Securities and Exchange Commission, including compliance reports filed pursuant to federal securities laws.