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PCAOB Proposes Tightening of Engagement Quality Review

The PCAOB voted on Feb. 26, 2008 to release for public comment a proposed auditing standard to tighten the requirements for auditors to conduct an Engagement Quality Review (EQR) – commonly referred to as a concurring partner or second partner review – by requiring all registered audit firms to conduct EQRs for all engagements conducted under PCAOB standards.... more » (FEI members only)

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