The PCAOB has issued a Request for Comment on the initial impact of new requirements for auditing accounting estimates and using the work of specialists. The Request for Comment is a key part of the PCAOB’s interim analysis of these requirements. The PCAOB will evaluate comments received, along with other evidence obtained from the analysis, and consider whether additional guidance or other steps may be appropriate.
The PCAOB encourages commenters to provide data, evidence, and/or specific examples in support of their comments.
All comments should refer to Interim Analysis No. 2022-001, Estimates and Specialists Audit Requirements, on the subject or reference line and should be submitted to firstname.lastname@example.org no later than June 10, 2022. Comments will be posted to the PCAOB website.