The PCAOB convenes advisory groups to provide advice and insight to the Board on matters related to the PCAOB’s work. Advisory groups are a critical means for the PCAOB to maintain dialogue with investors and other stakeholders, which we view as essential to enhancing our oversight.
Investor Advisory Group
The objective of the Investor Advisory Group (IAG) is to provide the Board with the views of investors and their advocates on the PCAOB's regulatory agenda, including: (i) advising the Board regarding matters related to the auditing profession of concern to investors; (ii) providing the Board with investors' perspectives on current regulatory issues; and (iii) serving as a source of information, views, perspectives and recommendations to the Board on other matters regarding the PCAOB’s oversight activities from the point of view of investors.
Standards and Emerging Issues Advisory Group
The Standards and Emerging Issues Advisory Group (SEIAG) advises the PCAOB on existing standards, proposed standards, potential new standards, and on matters other than standards, such as emerging issues, that are of significance to the PCAOB in order to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports.