Auditing Standards Committee Comment Letter

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. 025: Proposed Auditing Standard—Engagement Quality Review. Please see: http://www.pcaobus.org/ Rules/Docket 025/2008-02-26 Release No 2008-002.pdf for the full text of PCAOB Release No. 2008–002: Proposed Auditing Standard—Engagement Quality Review and Conforming Amendment to the Board’s Interim Quality Control Standards. We very much appreciate the opportunity to provide input. The views expressed below 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.