PCAOB Releases Supplement Related to Staff Guidance on the Remediation Process

The PCAOB has released a supplement related to its November 2013 staff guidance on the remediation process. The purpose of the supplement is to provide “audit firms with additional guidance regarding remediation, including making the most of the remediation period, the potential influence of non-technical factors on persistent quality control criticisms, and more.” For more information, see the press release on the PCAOB’s Web site.