PCAOB Adds Inspection Rules Changes to Open Meeting Agenda

Posted by accountingweb on Dec 17 2006 182 printer friendly

The Public Company Accounting Oversight Board (PCAOB) will consider whether to adopt a rule temporarily adjusting the minimum frequency with which the Board inspects registered public accounting firms having 100 or fewer issuer audit clients, at the open meeting scheduled for 9:30 a.m. Tuesday, December 19, 2006, in Washington, D.C.

Advertisement

Also added to the meeting’s agenda is the consideration of technical amendments to correct non-substantive points in other Board inspection rules. As previously announced, the Board will consider whether to propose for public comment a new auditing standard to supersede the Board’s existing auditing standards on internal control over financial reporting and other related proposals.

The meeting is open to the public and will also be webcast on the PCAOB web site.

Voice of the Editor

Results from a recent AICPA survey disclosed the two top priorities for CPA firms as they plan for the future: bringing in new business and finding talent. Our goal at Sift Media is to help our readers deal with the issues most important to them. One way in which we are doing this is through the launch of our new recruitment/placement service, Going Concern Jobs. Check it out today for your talent needs.

This Week on AccountingWEB

Brian Fox, CPA, founder and CMO of Confirmation.com, explains how the company's electronic audit confirmation service helped the FBI uncover a $6 million fraud scheme.

Russ Wilson of Moss Adams talks with us about the firm's collaboration with WWU in educating and developing talented accounting and business professionals.

Plante Moran CPAs Gordon Krater, Alicia Sturtevant, and Susan Perline spoke with AccountingWEB about the firm's Women in Leadership initiative.

Jeff Thomson, CMA, president and CEO of the IMA, talks with us about the 2013 jobs market for accounting professionals.