Dual dating of audit report gay dating pay
The audit report also is not required to refer to PCAOB standards.
If the PCAOB revokes the registration of an audit firm, audit reports issued by that firm may no longer be included in a registrant’s filings made on or after the date the firm’s registration is revoked, even if the report was previously issued before the date of revocation.
Generally, the principal auditor is expected to have audited or assumed responsibility for reporting on at least 50% of the assets and revenues of the consolidated entity.
These restrictions are prescribed in paragraphs (c)(1) to (c)(8) of S-X 2-01.The staff will consider all relevant factors in questioning the location from which the audit report was rendered.Questions regarding independence should be directed to OCA.Financial statements previously audited by a firm whose registration has been revoked would generally need to be reaudited by a PCAOB registered firm prior to inclusion in future filings or if included in a registration statement that has not yet been declared effective.In providing the information that Item 304 of Regulation S-K requires regarding a change in accountants for a firm whose registration is revoked by the PCAOB, a company should indicate that the PCAOB has revoked the registration of its prior auditor.