Under PCAOB standards (AS 3101)approved in 2017,all U.S.public companies will be required to disclose whether any critical audit matter (CAM)arose during the current period audit or state that there was none.

Question

Quizplus · Accepted Answer

Under PCAOB standards (AS 3101) approved in 2017, all U.S. public companies are required to disclose whether any critical audit matter (CAM) arose during the current period audit or state that there was none. This requirement is effective for audits of fiscal years ending on or after December 15, 2017.

Under PCAOB Standards (AS 3101)approved in 2017,all U