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Do you think the recently approved new PCAOB Auditor's Reporting Model. is a good idea? Why...

Do you think the recently approved new PCAOB Auditor's Reporting Model. is a good idea? Why or why not

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YES, the recently approved new PCAOB Auditor's Reporting Model. is a good idea because it provide stakeholder to know the critical audit matter which has been arise during the course of audit and has been raised to those charge with governance.

Critical audit matter is basically neither given in audit report nor in financial statement. Stakeholder need to know about what are key issue company facing right now. It will help investor to identify value of investment and potential investor would evaluate whether to make investment or not.

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