The Public Firm Accounting Oversight Board launched updates to its workers steering on Kind AP, which auditors use to reveal the engagement companions and auditing companies concerned in an audit.
The workers steering covers Kind AP, “Auditor Reporting of Sure Audit Members,” and associated voluntary audit report disclosure underneath AS 3101.
Most of the updates are purely technical, however some additionally handle conditions surrounding distant work preparations that will have arisen in the course of the COVID-19 pandemic, similar to these for seconded staff who stay of their residence nations in the course of the secondment interval.
For extra particulars, go to the PCAOB’s Kind AP implementation assets.