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PCAOB begins search for IAG members

The Public Company Accounting Oversight Board (PCAOB) has launched a search Investor Advisory Group (IAG) members.

The nominations for the three year membership with the group would enable prospective members to represent a part of the investment community.

Established in July 2009, the IAG acts as a medium for the investor community to provide the PCAOB with insight into matters affecting investors.

“The Board relies on the IAG to provide high-level advice and insight on matters we may face in fulfilling our mission,” PCAOB chairman James Doty said.

Among the IAG’s recently discussed topics is audit firm transparency and fraudulent financial reporting.

IAG Chairman Steven Harris commented that the recommendations of the IAG have made a difference in the Board’s work and “helped the Board establish its priorities”.

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