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PCAOB Updates

 
PCAOB Discloses Information Related to its International Inspections Program

The Public Company Accounting Oversight Board today published the list of non-U.S. jurisdictions in which there are registered firms that the Board intends to inspect in 2009.

The intention to publish this information was announced in the Board’s statements in PCAOB Release No. 2008-007, Rule Amendments Concerning the Timing of Certain Inspections of Non-U.S. Firms, and Other Issues Relating to Inspections of Non-U.S. Firms (December 4, 2008) .

The Board is publishing this list in order to provide transparency about its international inspection plans for this year. If the Board later removes a jurisdiction from this list, it will make a public announcement explaining why its plans have changed for the particular jurisdiction.

Separately, the Board today published the list of non-U.S. jurisdictions in which there are registered firms that the Board has inspected to date in order to inform the public about the Board’s progress with respect to international inspections. As reports on these inspections become final, they will be made available on the PCAOB Web site.