PCAOB Announces Seven New and Reappointed Standing Advisory Group Members

Also announces 2016 SAG meeting dates

Washington, Dec. 9, 2015

The Public Company Accounting Oversight Board today announced seven new and reappointed members to its Standing Advisory Group, resulting in total SAG membership of 38.

These members will serve three-year terms, beginning in January 2016.

"PCAOB SAG members assist us in working through the complex issues involved in setting standards and making rules for auditors," said PCAOB Chairman James R. Doty. "We look forward to the contributions from our newest advisors."

The SAG advises the PCAOB on the development of auditing and related professional practice standards.

The advisory group includes investor representatives, as well as accounting, auditing, financial reporting, corporate finance and corporate governance representatives and experts. The names of the new SAG members, reappointments, and continuing members are listed below. SAG information and member biographies are available on the PCAOB website.

"We have a number of standard-setting initiatives focused on improving audit quality to protect investors and we look forward to the valuable input these SAG members will provide. We are grateful that they share their time and expertise with us," said Martin F. Baumann, PCAOB Chief Auditor and Director of Professional Standards and SAG Chairman.

The PCAOB issued a request for SAG membership nominations, including self-nominations, in June 2015. The PCAOB solicits nominations and renominations annually. Membership in the advisory group is personal to the member, and the duties and responsibilities may not be delegated to others.

The Board also announced today that it has scheduled two SAG meetings for 2016: May 18-19 and November 30-December 1. The agendas and meeting logistics will be announced closer to the dates.

SAG meetings facilitate high-level discussions between the PCAOB and SAG members. At a SAG meeting last month, the group devoted time to the PCAOB's recent concept release on audit quality indicators. In light of that discussion, the Board does not intend to convene a separate roundtable meeting about the concept release in the fourth quarter of 2015.

New Appointments


Continuing Members