PCAOB to Consider Supplemental Request for Comment Related to Improving
Audit Transparency and Concept Release on Audit Quality Indicators at
Open Meeting
Washington, DC, June 25, 2015
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The
Public Company Accounting Oversight Board has scheduled an open meeting
for Tuesday, June 30, at 10 a.m. Eastern time, to consider the issuance
of a supplemental request for comment on rules to require disclosure of
certain audit participants and a concept release on audit quality
indicators.
At the open meeting, the Board will consider issuing a supplemental
request for comment on its 2013 proposal to require auditors to disclose
in the auditor's report the name of the engagement partner and
information about certain other participants in the audit. The Board
will consider seeking comment on an alternative to disclosure of this
information in the auditor's report, whereby the information would be
required to be disclosed on a new PCAOB form.
The Board will also consider issuing for public comment a concept
release on the content and possible uses of a group of potential audit
quality indicators, quantitative measures that may provide new insights
about how to evaluate the quality of audits.
The meeting is open to the public and will take place in the Board's meeting room at 1666 K Street 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.