Engagement quality review: insights from the academic literature

The objective of this research is to identify areas where audit research can assist the Public Company Accounting Oversight Board (PCAOB) in its deliberation of the auditing standard on engagement quality (EQ) review required by the Sarbanes‐Oxley Act of 2002.

The approach used in this paper is a review of the literature.

The paper links academic research on EQ review to issues raised by the PCAOB. It also identifies questions for future research.

The academic research reviewed in this paper provides important information to the PCAOB staff as it considers EQ review.