Friday, June 18, 2010

What Will Audit Firms Do On Their PCAOB Annual Reports?

June 18, 2010
David Nelson,

June 30, 2010 is rapidly approaching, and it is a key deadline for US audit firms.

The Public Company Accounting Oversight Board (PCAOB) requires all its registered firms (over 2,200 of them) to file an annual report with the Board, with the first annual reports due June 30, 2010. The report (in Form 2) covers the 12-month period ending March 31, 2010; and contains general information on the firm plus some very interesting numbers which may be available to the public for the first time (we believe) in a consolidated summarized format in one place.

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