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PCAOB Updates

 
PCAOB Extends Nomination Solicitation Period for Standing Advisory Group

The Public Company Accounting Oversight Board today announced it has extended the nomination period for its Standing Advisory Group for the 2013-2015 three-year term. The new deadline for submissions is July 15, 2012.

The Board is seeking nominations of individuals who have expertise in accounting, auditing, corporate finance, corporate governance, and/or investing in public companies. Additionally, the Board is seeking nominations of individuals with experience related to auditing or financial reporting related to broker-dealers and smaller public companies.

Nominations, including self-nominations, are sought annually, and may be submitted by any person or organization. The nomination forms are available at the links below.

Appointments will be announced in November, and the new terms begin in January 2013. Membership in the advisory group is personal to the member, and the duties and responsibilities cannot be delegated to others. In addition, members are subject to certain sections of the Board's Ethics Code, as provided in the PCAOB Rule 3700, Advisory Groups.

  • Nominee Form – Use this form to nominate yourself to serve on the SAG
  • Nominator Form – Use this form to nominate an individual to serve on the SAG

The Board established the SAG in 2003 to advise the PCAOB on the development of auditing and related professional practice standards. The SAG includes auditors, investors, public company executives, and others. The group is chaired by PCAOB Chief Auditor and Director of Professional Standards Martin F. Baumann. Information about the SAG may be found under Related Information.

 

Related Information

  • Standing Advisory Group