Public Company Accounting Oversight Board (PCAOB) Flashcards
1
Q
3 steps a firm must do for preapproval by a client’s audit committee?
A
1 Describe in writing scope and compensation
2 Discuss potential affects
3 Document the discussion
My AUD study cards > Public Company Accounting Oversight Board (PCAOB) > Flashcards
3 steps a firm must do for preapproval by a client’s audit committee?
1 Describe in writing scope and compensation
2 Discuss potential affects
3 Document the discussion