The PCAOB’s new Firm Consultation Process lets registered firms submit questions directly to the Office of the Chief Auditor. It’s being framed as a win for firms without a National Office. In this video we go through what the PCAOB’s own process page says about discretion, judgment call exclusions, and response times, and explain why we’re taking a wait and see approach before calling this a level playing field.
CPAClub helps audit firms build the quality management systems and technical resources that hold up no matter how PCAOB programs like this one evolve.
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CPAClub is an advisory firm offering CPA firms with an assortment of technology, transformation, change management, and compliance solutions; these include quality control implementation, quality management monitoring, CTAPP reviews, EQR support, peer review support, education and training, and business process performance and improvement.
For more information on CPAClub, check out our website: cpaclub.cpa and connect with us on LinkedIn at www.linkedin.com/company/cpaclub
