The PCAOB is committed to merging its standards with those of the AICPA and the IAASB.

Question

Quizplus · Accepted Answer

The PCAOB (Public Company Accounting Oversight Board) operates independently and, while it may consider the standards of the AICPA (American Institute of Certified Public Accountants) and the IAASB (International Auditing and Assurance Standards Board) for insight or guidance, it does not have a commitment to merge its standards with those of the AICPA and the IAASB.

The PCAOB Is Committed to Merging Its Standards with Those