Cooperation with Non-U.S. Regulators 

Cooperative Arrangements and announcements

The PCAOB has signed cooperative arrangements with numerous non-U.S. regulators.

PCAOB International Auditor Regulatory Institute

The PCAOB established the Institute in 2007 to provide regulators from around the world an opportunity to learn about the PCAOB's approaches to auditor oversight that serve to protect the interests of investors and increase the quality of audits.

• PCAOB Held its Sixth Annual International Auditor Regulatory Institute (Nov. 16, 2012)
• PCAOB Concludes Fifth International Auditor Regulatory Institute (Nov. 2, 2011)
• PCAOB Concludes Fourth International Auditor Regulatory Institute (Nov. 12, 2010)
• PCAOB Concludes Third International Auditor Regulatory Institute (Oct. 30, 2009)
• PCAOB Concludes Second International Auditor Regulatory Institute, (May 23, 2008)
• PCAOB Concludes First International Auditor Regulatory Institute, (May 4, 2007)

International Organizations

The PCAOB is a member of the International Forum of Independent Audit Regulators (IFIAR).

IFIAR's stated purpose is to enable audit regulators to share among each other their knowledge and experiences, with a focus on inspections of auditors and audit firms. Created in 2006, IFIAR has hosted two plenary meetings each year although beginning in 2013 it will hold one plenary and one interim meeting each year in addition to periodic meetings of its five working groups. PCAOB Board Member Lewis H. Ferguson currently holds the chairmanship of IFIAR. As of May 2013, the IFIAR membership consists of 46 independent audit regulators from around the world. Observers include: Financial Stability Board. Public Interest Oversight Board, International Organization of Securities Commission, Basel Committee of Banking Supervisors, International Association of Insurance Supervisors, World Bank, and the European Commission.

• International Forum of Independent Audit Regulators (IFIAR) (Member)
  • IFIAR 2012 Summary Report of Inspection Findings (Dec. 18, 2012)

The PCAOB is also involved, as an observer, in a number of international organizations, whose work relates to aspects of the PCAOB's oversight responsibilities.

• International Federation of Accountants (IFAC) (Observer, with speaking rights)
• International Auditing and Assurance Standards Board (IAASB) (Observer, with speaking rights)
• International Ethics Standards Board for Accountants (IESBA) (Observer, with speaking rights)
• IFAC's International Accounting Education Standards Board (Observer)