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September 7, 2010

PCAOB host roundtable on communications proposal

The US Public Company Accounting Oversight Board (PCAOB) is hosting a public roundtable as part of its process to draft standards on auditors’ communications with audit committees.

The communications framework in the proposed standard is intended to enhance the substance of the communications between the auditor and audit committee.

The roundtable will include audit committee members, investors, auditors and issuers.

Due to the roundtable, the board is reopening the comment period on the proposal until 21 October 2010.

The PCAOB has scheduled an open meeting for 21 September to discuss the proposals.

 

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