PCAOB taking nominations for Standing Advisory Group
The Public Company Accounting Oversight Board is soliciting nominations for members of its Standing Advisory Group.
The Standing Advisory Group was created in 2003 to advise the Board in carrying out its standards-setting responsibilities. The Board values the diversified expertise of the group, and its input is utilized in developing standards. The group currently consists of 36 members with expertise in a variety of fields, including accounting, auditing, corporate finance, corporate governance, and investing in public companies.
The Board solicits nominations annually and is currently seeking appointments for the 2009-2010, two-year term. Members will be selected by the Board based on nominations, including self-nominations, received from any person or organization. The nomination forms are available under Standards on the Board's Web site, www.pcaobus.org. The deadline for submissions is June 19, 2008.
Appointments will be announced by the end of October, and the new terms will begin in January 2009. Membership in the advisory group is personal to the member, and the duties and responsibilities of the member cannot be delegated to others. Members will be subject to certain sections of the Board's Ethics Code, as provided in PCAOB Rule 3700.
The group is chaired by the Board's Chief Auditor and Director of Professional Standards, Thomas Ray.
Standing Advisory Group Nomination Forms (submission deadline is June 19, 2008):