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Sandra Hanna Quoted on Impact on Auditors of Possible PCAOB Rules in the Financial Times

"Audit Firms Fight to Block Expansion of Fraud Detection Role"

Financial Times

Sandra Hanna is quoted in the Financial Times on the Public Company Accounting Oversight Board's (PCAOB) potential new rules that, if they go into effect, would significantly expand an auditors' responsibility to scrutinize whether a company is complying with laws and regulations, and to communicate more of their concerns to a company's board of directors. Hanna said the proposal was an attempt to turn auditors into "fraud examiners" and impose on them a "forensic" standard where even the smallest concern would have to be investigated.