Comments of the Auditing Standards Committee of the Auditing Section of the American
Accounting Association on PCAOB CONCEPT RELEASE ON AUDIT QUALITY INDICATORS,
NO. 2015-005, JULY 1, 2015
September 29, 2015
Office of the Secretary
Public Company Accounting Oversight Board
1666 K Street, N.W.
Washington, DC 20006-2803
Re: PCAOB Rulemaking Docket Matter No. 041.
The Auditing Standards Committee of the Auditing Section of the American Accounting Association is
pleased to provide comments on the PCAOB AQI Concept Release.
Participating Committee Members:
Zabihollah (Zabi) Rezaee, John Abernathy, Monika Causholli, Paul Michas, Pamela Roush, Stephen
Rowe, Uma Velury
The views expressed in this letter are those of the members of the Auditing Standards Committee and do
not reflect an official position of the American Accounting Association. Furthermore, the comments
reflect the overall consensus view of the Committee, not necessarily the views of every individual
member.
We hope that our attached responses are helpful and relevant to your final deliberation on AQIs. Please do
not hesitate to contact our Committee Chair, Zabi Rezaee if you have any questions or need any
information.
Respectfully submitted,
Zabi Rezaee
Auditing Standards Committee, Auditing Section – American Accounting Association
Acknowledgment: This commentary benefits from the invaluable comments and suggestions of Lynn
Turner, Mark DeFond, Carol Dee and Karl Hackenbrack and Urton Anderson, Marshall Pitman, Willie
Gist, and Jeff Cohen on the earlier draft of the commentary.