PwC responds to PCAOB’s proposal related to supervision of other auditors

Comment letter Nov 14, 2017

We provided feedback on the PCAOB’s proposal related to the lead auditor’s supervision of other auditors.



In September 2017, the PCAOB issued a Supplemental Request for Comment on its April 2016 proposal regarding a lead auditor’s responsibility to supervise other auditors. The proposal is intended to strengthen existing requirements and impose a more uniform approach.

In our comment letter, we support the PCAOB’s efforts to enhance the lead auditor’s supervisory responsibilities and promote consistency in practice when other auditors are used. However, we highlight potential operational challenges in certain of the provisions, including that the guidance does not take into account certain differences that arise from the use of auditors within and outside the lead auditor’s network. We offer suggestions as to how the proposal could be further refined before it is finalized.



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Beth Paul
Strategic Thought Leader, US National Professional Services Group

David Schmid
IFRS & US Standard Setting Leader, National Professional Services Group

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