Critical Audit Matters
Improving Disclosure Through Auditor Insight
Katherine A. Cody
Posted Monday, May 21, 2018

Despite being relatively unchanged for nearly 80 years, starting in 2019 the Independent Auditor’s Report will undergo a major update with the addition of critical audit matters. This update improves disclosure, while providing something new to investors — auditor insight and knowledge that was always saved for the Company and the Audit Committee. This new disclosure will help individual investors navigate the data minefield of Form 10-K.