PCAOB may soon require naming of engagement partner
New rules requiring identification of the engagement partner in U.S. public company audits may be imminent.
PCAOB Chairman James Doty said Tuesday that he is hopeful that early next year the board will finalize a standard that will require publication of the name of the engagement partner and other participating firms in audits.
The issue of whether and where to name the engagement partner has long been a topic of debate. Some investors have said the information would be meaningful, but some in the accounting profession have said naming the engagement partner would not improve audit quality. Read more on the Journal of Accountancy.