PCAOB Investor Advisory Group Meeting

9:30 a.m. -9:45 a.m.

Welcome and introductions - Board Member Jay Brown, IAG chair

9:45 a.m. -10:45 a.m.

Strategic plan implementation & prioritization -

Obtain input on implementation of goals and priorities outlined in the Board's draft strategic plan(PDF)

• Goal One - Improvement in audit quality.
• Goal Two - Responding to changes in the audit environment.
• Goal Three - Enhance transparency & stakeholder engagement.

10:45 a.m. -11:15 a.m.

Break

11:15 a.m. -12:15 p.m.

Strategic plan implementation & prioritization discussion (cont'd)

• Goals Four and Five - Pursuit of operational excellence, including development of people.
• Prioritization of goals - discussion.

12:15 p.m. -1:30 p.m.

Lunch

1:30 p.m. - 3 p.m.

Breakout sessions:

• Seek input on potential improvements to quality control standards.

Materials: Quality control standards; 2017 Staff Inspection Brief(PDF); and 2016 Staff Inspection Brief(PDF)

• Seek input on implementation of: (1) the new auditor reporting model (ARM); and (2) audit participants (Form AP).
  

Materials: ARM adopting release(PDF); SEC approval order(PDF) ; ARM fact sheet; ARM staff guidance(PDF); Form AP resource page; and Form AP staff guidance(PDF).

3 p.m. - 3:30 p.m.

Break

3:30 p.m. -4:15 p.m.

Report back from breakout sessions

4:15 p.m. -4:30 p.m.

IAG chair's wrap up