The meeting, which will begin at 9:30 a.m. EDT, will also include board consideration on an auditing standard for supplemental information and related amendments to other PCAOB standards.
The board will consider two attestation standards related to the auditor's examination of compliance reports and review of exemption reports of broker-dealers.
According to the PCAOB, the Dodd-Frank Wall Street Reform and Consumer Protection Act amended the Sarbanes-Oxley Act to, among other things, authorize the PCAOB to oversee the audits of broker-dealers registered with the US Securities and Exchange Commission (SEC).
This past July, the SEC amended Rule 17a-5 to require, in part, that audits of broker-dealers' financial statements and supplemental information, examinations of broker-dealers' compliance reports, and reviews of broker-dealers' exemption reports be conducted by firms registered with the PCAOB and in accordance with PCAOB standards.
Also during the meeting, the board will consider a new standard on auditing supplemental information that accompanies financial statements audited in accordance with PCAOB standards.
The October 10 meeting is open to the public and will take place in the PCAOB's meeting room at 1666 K St. NW, Washington, DC. A webcast via a link on the PCAOB website will be made available the day of the meeting. The meeting also will be available via podcast later in the day.