The Public Company Accounting Oversight Board just published a staff question and answer on the documentation required by Auditing Standard No. 7, Engagement Quality Review. Previously, the SEC approved AS No. 7 on Jan. 15, 2010, and encouraged implementation guidance from the PCAOB; the staff question and answer provides this additional guidance for auditors and other users. (The statements contained in the staff Q & A are not rules of the Board, nor have they been approved by the Board.) The staff Q & A provides an objective framework for reviewers to evaluate an engagement team’s significant judgments and conclusions.