July 29, 2016, letter commenting on PCAOB's April 2016 Release No. 2016-002 - "Proposed Amendments Relating to the Supervision of Audits Involving Other Auditors and Proposed Auditing Standard - Dividing Responsibility for the Audit with Another Accounting Firm"
Published: Jul 29, 2016. Publicly Released: Aug 03, 2016.
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Highlights
This letter provides the U.S. Government Accountability Office's (GAO) responses to the Public Company Accounting Oversight Board's (PCAOB) release number 2016-002, Proposed Amendments Relating to the Supervision of Audits Involving Other Auditors and Proposed Auditing Standard - Dividing Responsibility for the Audit with Another Accounting Firm. GAO promulgates generally accepted government auditing standards, which provide professional standards for auditors of government entities in the United States.