The conference organizers particularly encourage the submission of papers of relevance to projects listed on the PCAOB's standard-setting agenda (available at: http:///Standards/Pages/ ), economic analysis in standard setting (refer to PCAOB's Staff Guidance on Economic Analysis in PCAOB Standard Setting, available at: http:///Standards/Pages/05152014_ ) and other issues of relevance to the PCAOB's mission which, under the Sarbanes-Oxley Act, is to protect the interests of investors and further the public interest in the preparation of informative, accurate and independent audit reports.
scope paragraph The paragraph in the audit report that explains the scope of the engagement. The wording of the standard scope paragraph is: “We conducted our audit in accordance with . generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.”