PCAOB USA FOREIGN AUDITOR OVERSIGHT
February 1st, 2006
BY ALAN OSBORN
THE US Public Company Accounting Oversight Board (PCAOB) has attempted to allay fears arising from reports that it plans a significant rise in inspections of foreign audit firms in 2006, saying that while the number would rise this was due to "natural growth" and did not indicate any change of policy or any new concerns about foreign auditors.
"Yes, we are doing more inspections of foreign firms this year in the same way that we're doing more inspections of US firms but there's nothing new about this. We're getting older as an ...
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