PCAOB updates guidance on Form AP

The Public Company Accounting Oversight Board released updates to its staff guidance on Form AP, which auditors use to disclose the engagement partners and auditing firms involved in an audit.

The staff guidance covers Form AP, “Auditor Reporting of Certain Audit Participants,” and related voluntary audit report disclosure under AS 3101.

Many of the updates are purely technical, but some also address situations surrounding remote work arrangements that may have arisen during the COVID-19 pandemic, such as those for seconded employees who remain in their home countries during the secondment period.

For more details, visit the PCAOB’s Form AP implementation resources.