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08-06-10 :
PCAOB Adopts Rules On Annual, Special Reporting By Audit Firms; Next Step: SEC Approval
The PCAOB approved on June 10, 2008 final rules on annual and special reporting by audit firms. The rules are subject to SEC approval.
08-06-09 :
European Commission Recommends Member States Limit Auditor Liability
On June 6, 2008, the European Commission issued a recommendation that Member States limit auditor liability.
08-06-09 :
Auditor Liability, Transparency, Human Capital Addressed By Panels At Treasury ACAP Meeting
On June 3, 2008, the U.S. Treasury Department’s Advisory Committee on the Auditing Profession (ACAP), co-chaired by former SEC Chairman Arthur Levitt, Jr. and former SEC Chief Accountant Don Nicolaisen, received testimony from three panels of experts commenting on ACAP’s recommendations.
08-06-03 :
Treasury Adv Comm. On Audit Profession Seeks Comment On Additional Recommendations
On June 3, 2008, the U.S. Treasury Department’s Advisory Committee on the Auditing Profession (ACAP), co-chaired by former SEC Chairman Arthur Levitt, Jr. and former SEC Chief Accountant Don Nicolaisen, received testimony from three panels of experts commenting on ACAP’s recommendations.
08-05-05 :
Treasury Committee On Audit Profession Publishing Draft Report For Comments
08-05-05 :
PCAOB, IRS Seek Nominations For Advisory Groups
08-02-26 :
PCAOB Proposes Tightening of Engagement Quality Review
The PCAOB voted on Feb. 26, 2008 to release for public comment a proposed auditing standard to tighten the requirements for auditors to conduct an Engagement Quality Review (EQR) – commonly referred to as a concurring partner or second partner review – by requiring all registered audit firms to conduct EQRs for all engagements conducted under PCAOB standards.
07-10-23 :
PCAOB Forum: Auditing In The Small Business Environment
Highlights from PCAOB Oct. 18, 2007 Forum on Auditing in the Small Business Environment
07-10-18 :
Highlights of PCAOB SAG Meeting - FOR FEI BLOG
FEI BLOG summary: This version of FEI's summary of the Oct. 17, 2007 PCAOB SAG meeting is made available to FEI blog readers. It links to detailed summaries of Parts 1,2,3 and 4 of the SAG meeting which are available to FEI members only.
07-09-18 :
PCAOB Board Member Kayla Gillan Stepping Down
07-08-06 :
PCAOB CIO Ray Schmidt Leaving PCAOB
Ray Schmidt has resigned his position as chief information officer of the Public Company Accounting Oversight Board on Sept. 1. Marc Stewart, deputy director, Office of Information Technology, will act as interim CIO until a permanent CIO is appointed.
07-06-07 :
Changes Made to Auditing Standard 5 (AS5) vs. AS2
Following is a summary of changes made to PCAOB Auditing Standard No. 5 (AS5) on internal control audits, vs. the standard it supercedes, AS2. This information is based on a speech given by PCAOB Chairman Mark Olson on June 7, 2007.
07-06-07 :
PCAOB Chairman On AS5, Fair Value; SAG Meeting Announced
Changes made in Auditing Standard No. 5 (AS5) on internal control audits, vs. AS2, and issues relating to Auditing Fair Value Accounting, were outlined in a speech by PCAOB Chairman Mark Olson on June 7, 2007. Also on June 7, PCAOB announced its next SAG meeting will be June 21.
07-06-07 :
Auditing Fair Value Accounting – PCAOB Observations
The following observations of PCAOB Chairman Mark Olson regarding Auditing Fair Value were made in a speech by Olson on June 7, 2007.
07-05-16 :
PCAOB To Vote May 24 On Internal Control Audit Standard Replacing AS2
The PCAOB announced May 16, 2007 it will vote May 24 whether to adopt a final internal control audit standard that would supercede AS2.
07-04-10 :
Deputy Chief Auditor Laura Phillips Departing PCAOB
The PCAOB announced today that Laura J. Phillips, Deputy Chief Auditor, will leave the Board later this year. Ms. Phillips has been responsible for providing technical direction on the development of the Board’s standards, including ensuring that standards and guidance were communicated to auditors of public companies and other interested parties.
07-04-03 :
PCAOB Proposes Audit Standard And Concept Release
On April 3, 2007, the PCAOB voted to release a proposed auditing standard and concept release for public comment. See PCAOB's press release at: www.pcaobus.org . Additional details follow.
07-03-29 :
PCAOB To Consider Standards On Consistency, GAAP Hierarchy, Tax
On March 29, 2007, the PCAOB announced it will hold an open board meeting on Tuesday, April 3 at 9:30 am to consider releasing two proposed standards and a concept release.
07-02-07 :
PCAOB Chairman Addresses Tax Council Policy Institute, Speaks on Global Regulation
On Feb. 2, 2007, Public Company Accounting Oversight Board (PCAOB) Chairman Mark Olson delivered a speech on “Global Risk and Regulation - The Role of the PCAOB” to the Tax Council Policy Institute. Olson focused his remarks on the importance of regulatory coordination across borders.
06-12-06 :
PCAOB To Consider New Internal Control Audit Rule On Dec. 19
06-11-29 :
PCAOB Board To Vote On 2007 Budget
06-11-17 :
PCAOB Small Business Forum Aimed At Auditors Of Smaller Cos.
06-11-01 :
Accounting Roundup, October 2006, By Deloitte
06-10-17 :
PCAOB Guidance On Auditing Fair Value Of Share Options
06-10-06 :
Summary of PCAOB Proposed Standard Setting Activities for 2007
06-09-01 :
Accounting Roundup, August 2006, By Deloitte
Review of developments from FASB, GASB, AICPA, SEC, PCAOB, IASB, COSO for August 2006, by Deloitte LLP.
06-08-08 :
Accounting Roundup, By Deloitte-August 2006
06-08-03 :
PCAOB Names Deputy Directors In Enforcement And Investigations
06-06-20 :
Mark Olson Named PCAOB Chair, Gillian Reappointed
06-05-31 :
PCAOB Proposes Rules for Registered Audit Firms’ Annual, Special Reporting to PCAOB
06-05-23 :
PCAOB Proposes Reporting Rules For Audit Firms, Successor Firm Matters
06-05-18 :
PCAOB To Consider Rules For Periodic Reporting By Registered Accounting Firms
06-05-10 :
Highlights from SEC-PCAOB May 10 Internal Controls Roundtable
06-05-05 :
FASB, SEC, PCAOB Updates Key Issues
06-04-27 :
PCAOB Accounting Support Fee, Funding Process: FAQ dated 4.06
06-03-15 :
PCAOB Names Phillips and Rand Deputy Chief Auditors
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