Tags » PCAOB

Four questions audit committees should ask their audit firms

by Cydney Posner

Audit Committee members may be interested in this release issued by the PCAOB in August 2012 designed “to assist audit committees in (1) understanding the PCAOB’s inspections of their audit firms and (2) gathering useful information from their audit firms about those inspections.” The PCAOB regularly performs inspections of registered audit firms, large and small, as well as a selection of the audits they have conducted.  604 more words

Corporate Governance

SEC to issue concept release regarding audit committees

by Cydney Posner

Compliance Week reports  that SEC Chair Mary Jo White, speaking before the Investor Advisory Group of the PCAOB, said that the SEC plans to Issue a concept release in early 2015 “exploring possible avenues for elevating the work of public company audit committees.” The release is expected to address many of the issues that the PCAOB is examining, particularly those relating to the relationship between the audit committee and the independent auditors. 223 more words

Corporate Governance