SEC Approves PCAOB Standard on Requirements Related to the Lead Auditor’s Use of Other Auditors
SEC Approves PCAOB Standard on Requirements Related to the Lead Auditor’s
Use of Other Auditors
August 12, 2022
The SEC has approved PCAOB Release No. 2022-002, Planning and Supervision of Audits
Involving Other Auditors and Dividing Responsibility for the Audit With Another
Accounting Firm. The amendments in the release are intended to strengthen
the requirements and responsibilities that apply to auditors who plan and perform
audits that involve other accounting firms and individual accountants.
For more information, see the statement by SEC Chair Gary Gensler on the SEC’s Web site.