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All through the Release the connection of your described metrics to choice-handy information is basically suggestive provided the significant use of ‘could’ when discussing Gains and utilization. This means the board hasn't acquired substantive evidence to display how the benefits to aid furthering the public fascination and Trader safety outweighs the expense of compliance.”
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The Public Company Accounting Oversight Board on Feb. 11 filed a see Together with the Securities and Trade Fee to withdraw its new normal on audit firm reporting of standardized firm and engagement metrics for acceptance—a victory for the ones that opposed the บริษัทรับทําบัญชีใกล้ฉัน rules, like many of the largest accounting firms while in the U.S. and the AICPA.
Large Four accounting firm EY wrote which the proposal “introduces a new public oversight product to issuer audits that, within our view, hasn't been adequately analyzed and is based on metrics prone to misinterpretation and misuse which will be costly to produce.
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” He also was concerned that several of the proposed metrics “[would] impose too much administrative burdens on firms and engagement groups while some are ambiguous with regard to audit high-quality.”
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