PwC supports changes to the auditor’s report that maintain or improve audit quality.
PwC supports the PCAOB project considering the auditor’s supervisory responsibilities in audits involving other auditors.
PwC is supportive of AS 7 and PCAOB post-implementation reviews in general
PwC supports a market-based approach to the communication of audit quality indicators.
PwC is supportive of PCAOB Form AP for disclosure, and offers additional recommendations for consideration.
PwC is supportive of the project but offers recommendations to address what we see as potential practical challenges.
PwC believes the reproposal will improve the auditor's performance in auditing related parties, significant unusual transactions, and transactions with executive officers.
PwC believes the PCAOB's proposed framework will help users navigate the board's standards more easily but suggests certain enhancements.
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