PCAOB Announces 2018 Forums on Auditing in the Small Business Environment and on Auditing Broker-Dealers

Washington, DC, Apr. 10, 2018

The Public Company Accounting Oversight Board today announced the 2018 Forums on Auditing in the Small Business Environment and Forums for Auditors of Broker-Dealers.

"These forums remain an important part of the Board's outreach," said William D. Duhnke, PCAOB Chairman. "Firms are encouraged to take advantage of these live and online educational opportunities to receive updates from the PCAOB and discuss challenges and issues they face."

Forums are live meetings and are open to members of PCAOB-registered firms that audit public companies or broker-dealers. Attendees have the opportunity to earn continuing professional education credits. There is no fee to attend, but advance registration is required, and space may be limited.

Attendees are encouraged to submit questions in advance via email or the online registration form.

Small Business Forums

Discussion topics include an update on standard setting, auditor independence, remediation of quality control criticisms identified during PCAOB inspections, and enforcement matters. Additionally, PCAOB staff will present case studies on revenue recognition and the recent changes to the auditor's report. The forums also will include a presentation from staff of the Securities and Exchange Commission.

Auditors of Broker-Dealers Forums

Discussion topics include inspection observations, an update on standard setting, recent changes to the auditor's report, and enforcement matters. Additionally, PCAOB staff will present case studies covering areas related to inspection observations, such as auditing revenue, auditing net capital supplemental information, and review procedures of broker-dealer exemption reports. The forums also will include presentations from the staff of the Financial Industry Regulatory Authority and the SEC.

More information on the forums is available on the PCAOB website. Questions about the forums may be directed to the Office of Outreach at [email protected] or (202) 591-4135.

Related Topics