PCAOB Adds Inspection Rules Changes to Open Meeting Agenda

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.


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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.


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