Brussels, 24/04/2003 (Agence Europe) - Commissioner Frits Bolkestein regrets the decision by the US Public Company Accounting Oversight Board (PCAOB) to require audit firms based in the EU with US-listed clients to register with the PCAOB, the Commission states in a press release.
The Commissioner calls for a moratorium on the new rules that will be imposed on audit firms to ensure they register with PCAOB, before October for US companies and before May for non-American firms. These rules...