New auditor's reporting model proposal may be coming from PCAOB

08/9/2013 | Journal of Accountancy online

A Public Company Accounting Oversight Board project to change the auditor's reporting model may take a significant step forward when the board meets Tuesday. The PCAOB will consider proposing standards and amendments that would change the auditor's reporting model and create new auditor’s responsibilities for other information in an annual report that contains audited financial statements and the auditor's report.

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