PCAOB Report Available on ASCA Website
29 May 2007AMMAN- The Quality Assurance & Control Department at Talal Abu-Ghazaleh Organization (TAGI) recently released the summarized translated version of the Public Company Accounting Oversight Board (PCAOB) report entitled “Observations on Auditors Implementation of PCAOB Standards Relating to Auditors’ Responsibilities with Respect to Fraud”.
The report discusses several issues and procedures relevant to auditors' consideration of fraud such as; auditors' overall approach to the detection of financial fraud, brainstorming sessions and fraud related inquires and auditor’s response to fraud risk factors.
The professional publications at ASCA will use this report as a professional source. To view the report kindly click on the following link.
PCAOB is a private-sector, non- Profit Corporation created by the Sarbanes Oxley Act (SOX) of 2002, to oversee the auditors of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, air, and independent audit reports.
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