On an annual basis, the Board seeks nominations of individuals to serve two-year terms on the SAG. Members are selected by the Board based on the nominations received, including self-nominations, from any person or organization. Appointments are typically announced by the end of October, and the new terms begin in January.
Membership in the advisory group is personal to the member, and the duties and responsibilities of the member cannot be delegated to others. Members are subject to certain sections of the Boards Ethics Code, as provided in PCAOB Rule 3700, Advisory Groups.
The Board has granted six organizations observer status with speaking rights at SAG meetings:
- Auditing Standards Board of the American Institute of Certified Public Accountants
- Department of Labor
- Financial Accounting Standards Board
- Government Accountability Office
- International Auditing and Assurance Standards Board
- Securities and Exchange Commission