At June 21 Open Meeting, PCAOB to Consider Adoption of New Requirements for the Lead Auditor’s Use of Other Auditors

The Public Company Accounting Oversight Board (PCAOB) will hold an open meeting on Tuesday, June 21, 2022, at 10:00 a.m. ET.

At the meeting, the Board will consider adopting amendments to its auditing standards to strengthen the requirements that apply to audits that involve accounting firms and individual accountants outside the accounting firm that issues the audit report on the company’s consolidated financial statements. The amendments, which have benefited from three comment solicitations, are designed to improve the quality of audits in these circumstances and to align the applicable requirements with the PCAOB’s risk-based supervisory standards.

The open meeting may be viewed via Webex using the following information.

• Join by the Webex link:
  PCAOB Open Meeting - June 21, 2022
  When you join the meeting, if you would like to connect your audio via phone, you can receive a call back by providing your phone number in the prompt. You can also join by audio only by calling one of the dial-in numbers in the “Join by phone” section below and entering the access code and password.
• Join by the Webex number:
  Webex number: 2315 597 5060
  Webex password: UhjQQ3tMy53
• Join by phone:
  Call either of the numbers below and enter the access code and password, each followed by #.
  United States Toll Free: 1-844-621-3956
  US Toll: 1-415-655-0001
  Access code: 2315 597 5060

  Numeric Webex Password: 84577386

A recording will be made available following the meeting.

*****

About the PCAOB

The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB also oversees the audits of brokers and dealers, including compliance reports filed pursuant to federal securities laws.

Contact

PCAOB Office of Communications and Engagement
[email protected]