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That depends of the laws of the country in which the company is registered. As you have not specified this in your question we can not provide you with a precise answer. Please take care to make your questions precise.

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Q: What is the audit requirement for public companies?
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Related questions

Why company go for external audit?

If company wants to go to public for issuance of shares or already issued shares to public then it is statutary requirement to conduct external audit and provide audited accounting statements.


How does the public find out what the audit committee does?

Roles and responsibilities of audit committees are disclosed in the annual proxy statements of publicly owned companies.


Are CPAs who do not audit public companies under the jurisdiction of the SEC and the PCAOB?

CPAs who do not audit the financial statements of publicly listed companies do not fall under the jurisdiction of the SEC and the PCAOB.


What is the purpose of the PCAOB?

The PCAOB is a corporation that was established by Congress in order to audit various public companies. This protects the consumers of these companies.


Is deloitte touche a public company?

Public as in you can buy and sell its shares? no... Audit companies are based on partnerships... so no stockholders...


Is audit necessary for all companies?

Audit is not necessary for all companies, in some countries the small companies are exempt from audit.


The requirement of companies to provide full information about their products?

public policy


What companies provide IRS audit help to the public?

Companies that provide IRS audit help to the public are H&R Block, FreeTaxUSA, and various local law agencies throughout the country like Kahn Tax Law in both North Carolina and San Diego.


The basic requirement of a third party audit is that it is conducted by?

an audit by an independent organization


What is the main difference between public sector audit and private sector audit?

public sector audit is different from private sector audit


The primary governing board that performs quality reviews on registered CPA firms that audit public companies is the?

PCAOB


When does a public company use a review instead of an audit?

Reviews are used for quarterly financial statements of publicly held companies.