This episode is all about NOCLAR: noncompliance with laws and regulation. Brad recaps the AICPA Professional Ethics Executive Committee's Interpretation on items including NOCLAR and discusses the PCAOB's controversial NOCLAR proposal.
HIGHLIGHTS
- AICPA Professional Ethics Executive Committee's Interpretation on items including NOCLAR
- AICPA Statement on Auditing Standards No. 147, Inquiries of the Predecessor Auditor Regarding Fraud and Noncompliance With Laws and Regulations
- Amendment to PCAOB Auditing Standards related to a company’s noncompliance with laws and regulations
- Review of PCAOB Staff Virtual Roundtable on the NOCLAR proposal
PREREQUISITES
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ADVANCE PREPARATION
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