Board Announces First Standing Advisory Group Meeting

The Public Company Accounting Oversight Board (PCAOB) announced on Thursday that it has scheduled the first meeting of its Standing Advisory Group for June 21 and 22 to review existing auditing standards and to discuss potential future standards.

The group will meet each day from 8:30 a.m. to 5:30 p.m. in the Atrium Hall of the Ronald Reagan Building, 1300 Pennsylvania Avenue, N.W., in Washington, D.C.

Among the items to be considered by the advisory group during the meeting are prioritization and review of existing auditing standards. The group is also scheduled to discuss potential standards for engagement quality reviews; auditors’ communications and relations with audit committees; and quality control. The agenda and other documents for this meeting can be found under Standards on the Board’s Web site

In April 2004, the Board established the 30-member Standing Advisory Group to assist the Board in carrying out its standards-setting responsibilities. The Board selected individuals with expertise in a variety of fields, including accounting, auditing, corporate finance, corporate governance, and investing in public companies. The advisory group’s Chair is the Board’s Chief Auditor, Douglas R. Carmichael.

The meeting is open to the public and will be webcast on the Board’s Web site.

You may like these other stories...

The Public Company Accounting Oversight Board (PCAOB) and the Danish Business Authority (DBA) entered into a cooperative arrangement on July 18 that gives both regulators oversight of audit firms in their respective...
Staff guidance released by the Public Company Accounting Oversight Board (PCAOB) on Thursday will assist auditors of brokers and dealers registered with the US Securities and Exchange Commission (SEC) plan and perform audits...
The Public Company Accounting Oversight Board (PCAOB) on Tuesday adopted a new auditing standard and amendments in three areas of the audit that could pose an increased risk of material misstatement in company financial...

Upcoming CPE Webinars

Jul 24
In this presentation Excel expert David Ringstrom, CPA revisits the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both boost the integrity of your spreadsheets, but reduce maintenance as well.
Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.