PCAOB To Hold Forum On Small-Business Auditing

The Public Company Accounting Oversight Board (PCAOB) last week announced a new initiative to bring important information concerning the PCAOB to small business communities.

The Forum on Auditing in the Small Business Environment is an invitation-only program for registered accounting firms and public companies in the small business community to learn more about the work of the Board, specifically the PCAOB inspections process and the impact of new auditing standards.

The first forum will be held in Costa Mesa, California, on Tuesday, November 30, and Wednesday, December 1, 2004. The two day program will be hosted by Board member Kayla Gillan and staff from the offices of inspections and standards-setting. The November 30th session will focus on educating smaller registered accounting firms about the Board’s work, while the December 1st session will concentrate on PCAOB issues impacting audit committees at smaller public companies. Attendees will have the opportunity to earn continuing professional education credits.

Invited participants are auditors from registered accounting firms with fewer than 20 issuer clients and the members of audit committees of smaller public companies. The program is limited to those groups in the small business environment that are most directly impacted by the Board’s oversight responsibilities. The goal of such a format is to ensure that there is ample opportunity for discussion of PCAOB issues facing small business communities between representatives of this sector and Board members and its staff.

In 2005, the Board plans to hold nine additional forums in locations in Texas, Northern California, Georgia, Illinois, New Jersey, Colorado, Pennsylvania, Florida and Massachusetts.

For more information about these events please visit the Small Business Forum section of the PCAOB website.

You may like these other stories...

Here's a CPA who truly walks the walk. On March 15, Frank Ryan, CPA, departed San Diego, California, with plans to be in Ocean City, Maryland, by July 2 to teach a course at the Maryland Association of CPAs’ (MACPA...
When Theodore J. Flynn first joined the Massachusetts Society of CPAs (MSCPA) in 1970, it was a different world and a different profession.  The "Big Eight" were still headquartered in Boston. Vietnam War...
Accountant Rickey Charles Goodrich had it a little too good. Many bean counters would kill to serve as financial guru to the likes of Pearl Jam. Goodrich was hired in 2005, and the following year, he became the CFO of Curtis...

Upcoming CPE Webinars

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.