An audit involving a public company in the United States typically must be performed in accordance with auditing standards of the Public Company Accounting Oversight Board (PCAOB). The PCAOB reorganized its auditing standards in March 2015 to take effect on December 31, 2016. This course provides an introduction to the PCAOB auditing standards, including why and how they were reorganized. Upon completing this course, you will be able to: Identify typical situations in which an auditor uses PCAOB auditing standards to perform or report on an audit; Cite the topical structure (and describe the numbering system) of PCAOB auditing standards; Recall the nature (and numbering system) of PCAOB auditing interpretations; Describe other relevant PCAOB-authored audit guidance; Explain how the PCAOB reorganized the auditing standards and identify guidance that the PCAOB removed as no longer necessary; Discuss the relationship between auditing standards of the PCAOB and other standards setters; State the effective date of the reorganized PCAOB auditing standards