PCAOB Solicits Nominations for its Standing Advisory Group

The Public Company Accounting Oversight Board is soliciting nominations for the 2018-2020 term of its Standing Advisory Group, which advises the PCAOB on its standard-related projects.

The deadline for submissions is August 12, 2017.

SAG nominees should have expertise in accounting, auditing, corporate finance, corporate governance, or investing in public companies. The PCAOB also is seeking nominees with experience in auditing or financial reporting for broker-dealers and smaller public companies.

"SAG members provide insight and expertise that informs PCAOB research and standard-setting projects," said Martin F. Baumann, PCAOB Chief Auditor and Director of Professional Standards, and SAG Chairman.

Examples of topics at recent SAG meetings include the supervision of audits involving other auditors, the use of data and technology in audits, effective interactions between the auditor and audit committee, and emerging issues that could affect audits, auditors, or the PCAOB.

Nominations to the SAG, including self-nominations, may be submitted by any person or organization. The terms are three years. Nomination forms are available at the links below.

Appointments will be announced in December and the new terms begin in January 2018.

Membership in the advisory group is personal to the member; the duties and responsibilities cannot be delegated to others. In addition, members are subject to certain provisions of the PCAOB Ethics Code.

The SAG generally meets two times a year in Washington. SAG members serve without remuneration, but are eligible for reimbursement of out-of-pocket expenses incurred in connection with SAG activities.

Additional information about the SAG is available on the PCAOB website.