At September 22 Open Meeting, PCAOB to Consider Adoption of Rule Providing Framework for HFCAA Determinations

Washington, Sep. 16, 2021

The Public Company Accounting Oversight Board (PCAOB) will hold an open meeting on Wednesday, September 22, 2021, at 11:00 a.m. ET.

At the meeting, the Board will consider adopting a rule that would provide a framework for the PCAOB to use when determining — as contemplated under the Holding Foreign Companies Accountable Act (HFCAA) — whether the Board is unable to inspect or investigate completely registered public accounting firms located in a foreign jurisdiction because of a position taken by one or more authorities in that jurisdiction.

Given the ongoing challenges of the COVID-19 pandemic, the PCAOB’s open meeting will take place virtually. Members of the public can listen to the audio-only meeting using the following numbers:

Dial-in:                888-251-2949
Caller Paid :        215-861-0694
Access Code :     9959811#

If calling from outside of the U.S., please refer to this list of international numbers.

For further background and relevant documents — including public comments received on the proposing release issued in May 2021 — visit Rulemaking Docket 048. Following the meeting, a recording will be made available on the PCAOB website.


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.


PCAOB Office of Communications and Engagement
[email protected]