PCAOB’s new Audit Standard (AS5) for Internal Control over Financial Reporting is Approved by the SEC
Posted by:
John Walz
on
July 26, 2007
at
1:16PM CST
AS5, Audit of Internal Control over Financial Reporting (ICoFR) that is integrated with an Audit of Financial Statements, was approved today by the Securities and Exchange Commission on 25-Jul-07 and replaces the PCAOB’s previous internal control auditing standard, AS2. SEC...