Auditing Standards Committee Comment Letter PCAOB Rulemaking Docket Matter No. 026: Re-Proposed Auditing Standards Related to the Auditor’s Assessment of and Response to Risk; Proposed Conforming Amendments to PCAOB Standards

Abstract

INTRODUCTION The Auditing Standards Committee of the Auditing Section of the American Accounting Association is pleased to provide comments on the PCAOB Rulemaking Docket Matter No. 026: Re-Proposed Auditing Standards Related to the Auditor’s Assessment of and Response to Risk; Proposed Conforming Amendments to PCAOB Standards. We very much appreciate the opportunity to provide input. The views expressed in this letter and attachments are those of the members of the Auditing Standards Committee and do not reflect an official position of the American Accounting Association. In addition, the comments reflect the overall consensus view of the Committee, not necessarily the views of every individual member. We hope that our comments and suggestions are helpful and will assist in finalizing the proposed guidance. If the Board has any questions about our input, please feel free to contact our committee chair for additional follow-up.