approved
NYSSCPA
t felt that disclosing the name of the lead engagement partner would not provide any meaningful information, because “we believe it is highly unlikely that investors and other users of financial statements could be sufficiently familiar with the capabilities, integrity and ethical values of a significant portion of the hundreds or perhaps thousands of engagement partners responsible for the audit of public companies or the quality control environments in which they function in order to make any meaningful investment judgments concerning the audit.”
"Auditing is a business about reputation," said James R. Doty, PCAOB Chairman. "Transparency about the partner and firms involved should further incentivize auditors to organize audit teams conscientiously to give investors comfort that it is reliable."
