KPMG Statement on PCAOB Proposal on New Auditing Standards

KPMG Statement on PCAOB Proposal on New Auditing Stand

Response to PCAOB Proposal on New Auditing Standards

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“KPMG strongly supports the PCAOB’s efforts to enhance the auditor's reporting model and increase the relevance of financial statements for investors, the capital markets and the public. We are now reviewing the PCAOB’s current proposal, and expect to provide comments as part of the public review process. We look forward to continuing to work with the Board on these improvements and other initiatives that both serve the interests of investors and enhance audit quality.”

Contact:

Manuel Goncalves

KPMG LLP

(201) 307-7735

mdgoncalves@kpmg.com

Twitter: @madgoncalves

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