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.