The Morning Ledger: Auditor-Naming Proposal Moves Forward

The PCAOB is moving forward with a proposal to name the partners who sign off on a company’s books. The plan to make auditors name their lead engagement partners on annual reports will be open for public comment for 60 days and a final rule could be issued in the spring, CFOJ’s Emily Chasan reports. The proposal sparked a heated debate, but proponents say the change will help investors assess audit quality and performance—for instance, investors who know a partner’s name could check out other audits that partner has headed, to get a sense of his or her track record, the Journal’s Michael Rapoport writes.

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