The New Auditor’s Report: A Comparison between IAASB and US PCAOB Standards

Following the US Public Company Accounting Oversight Board (PCAOB)’s recent release of AS 3101, The Auditor's Report on an Audit of Financial Statements When the Auditor Expresses an Unqualified Opinion, the IAASB's Auditor Reporting Implementation Working Group has prepared a comparison between the IAASB and PCAOB standards. These publications will help improve understanding of the key aspects of the standards from both organizations. 

These are presented in two formats: long form, which describes the similarities and differences between the standards, and a table, which provides a summary.