Critical Audit Matters: Public Company Adaptation to Enhanced Auditor Reporting
Based on data from the August 2019 survey of 171 compliance specialists at public companies, our report illustrates how public company compliance officials are adapting their own corporate disclosure and processes to comply with the PCAOB’s critical audit matters (CAMs) rule change.
What company-drafted language might change in the next annual report? Which company representatives engaged with the auditing firm as part of so-called “dry runs?” How long did that process take? Should auditors be talking to investor relations teams? Our survey report provides critical insight into these and other questions.
Download the report to gain more insight into how public companies are preparing for reporting CAMs.