PCAOB Posts Reorganized Auditing Standards to its Website

The Public Company Accounting Oversight Board today posted to its website reorganized auditing standards and interpretations.

On March 31, 2015, the PCAOB adopted amendments that reorganize its auditing standards and interpretations. The amendments were approved by the Securities and Exchange Commission(PDF) (PDF) on September 17, 2015 and are effective as of December 31, 2016. Auditors may begin to use and reference the reorganized PCAOB auditing standards and interpretations prior to December 31, 2016.

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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, including compliance reports filed pursuant to federal securities laws.