Board to Consider Proposing Auditing Standards Related to Auditor's Assessment of and Response to Risk

Washington, D.C., Oct. 16, 2008

The Public Company Accounting Oversight Board has scheduled an open meeting for Tuesday, October 21, at 9:30 a.m., in the Board’s open meeting room at 1666 K St. NW, Washington, DC.

The Board will consider proposing a suite of auditing standards and conforming amendments that would, collectively, update the requirements for assessing and responding to risk during an audit.

The meeting will be open to the public and Webcast via a link on the PCAOB’s Web site ( that will be made available the day of the meeting. The meeting also will be available via podcast later in the day.