Agenda

8:30 a.m. - 8:35 a.m.

Welcome Remarks

  • Mary Sjoquist, Office of Outreach
8:35 a.m. - 8:50 a.m.

PCAOB Highlights and the Broker-Dealer Landscape

  • Board Member
8:50 a.m.- 9:45 a.m.

Panel: Related Parties

  • Mary Sjoquist, Moderator
  • Representatives from Standards and Inspections
  • Representative from FINRA
9:45 a.m. - 10 a.m.

Case Study No. 1: Auditing Standard No. 18 and other amendments (AS No. 2410 as reorganized)

  • Representatives from Standards and Inspections
10 a.m. - 11 a.m.

SEC Update and FINRA Perspectives

  • Representatives from FINRA and the SEC
11 a.m. - 11:15 a.m. Break
11:15 a.m. - 11:40 a.m.

Enforcement Matters and Auditor Independence

  • Representatives from Enforcement and Standards
    11:40 a.m. - 12 p.m.

    Case Study No. 2: Attestation Standard No. 2, Exemption Reports

    • Representatives from Inspections
    12 p.m. - 1:15 p.m. Lunch (on your own)
    1:15 p.m. - 1:30 p.m.

    Demo: Reorganized Standards

    • Representative from Standards
      1:30 p.m. - 2:05 p.m.

      Case Study No. 3: Principal Transactions - Part 1, Risk Assessment

      • Representatives from Inspections
        2:05 p.m - 3:05 p.m.

        Inspections and Standards: Observations and Trends, Audit Documentation, and Engagement Quality Review

        • Representatives from Inspections and Standards
        3:05 p.m. - 3:35 p.m.

        Audit Risk Considerations - Fraud

        • Representatives from Inspections
        3:35 p.m. - 3:50 p.m. Break
        3:50 p.m. - 4:30 p.m.

        Case Study No. 4: Principal Transactions - Part 2, Audit Response

        • Representatives from Inspections
          4:30 p.m. - 5p.m.

          Closing Panel: All Questions Welcome

          • Moderator: Board Member
          • Panel: PCAOB, SEC and FINRA Staff