US Audit Board to Issue Guidance on New Quality Control Rules

US auditors will receive a range of guidance from their regulator as they plan for foundational rule changes in how they manage their public company practices.

The Public Company Accounting Oversight Board aims to provide practice aids such as webinars or interactive tutorials in the coming months to assist auditors as they unpack the regulator’s new quality control standard, Barb Vanich, the board’s chief auditor, said on Tuesday.

• Vanich urged auditors to let board staff know of any specific questions they have, she said while addressing the American Institute of CPAs’ annual banking conference. “Please let us know where ...