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HTMLPCAOB Adopts New Audit Standard on Communications with Audit Committees
Gillian McPhee, Michael Scanlon; Gibson, Dunn & Crutcher LLP;
Legal Alert/Article
August 21, 2012, previously published on August 17, 2012
At an open meeting held on August 15, 2012, the Public Company Accounting Oversight Board ("PCAOB") voted to approve new Auditing Standard No. 16, Communications with Audit Committees. Although the new standard retains most of the preexisting communication requirements, there are a...

 

HTMLPublic Company Accounting Oversight Board Considers Mandatory Audit Firm Rotation
Douglas Cox, Amy Goodman, Brian J. Lane, Ronald O. Mueller, John F. Olson, Michael Scanlon, John H. Sturc; Gibson, Dunn & Crutcher LLP;
Legal Alert/Article
August 25, 2011, previously published on August 19, 2011
On August 16, 2011, the Public Company Accounting Oversight Board ("PCAOB") issued a Concept Release on Auditor Independence and Audit Firm Rotation ("Concept Release"). The Concept Release, available at http://pcaobus.org/Rules/Rulemaking/Docket037/Release&under;2011-006.pdf,...