PCAOB Announces Dec. 13 Webinar for Auditors of Brokers and Dealers on the Use of Service Organizations

WASHINGTON, Nov. 14, 2016

The Public Company Accounting Oversight Board today announced that it will host a webinar on December 13 for auditors of brokers and dealers on the use of service organizations.

The webinar will focus on recent broker-dealer audit inspection findings in applying AS 2601, (currently AU sec. 324), Consideration of an Entity's Use of a Service Organization.

"This webinar is one of the tools the PCAOB uses to reach out to broker-dealer auditors about specific areas of difficulty noted in recent inspections," said James R. Doty, PCAOB Chairman.

PCAOB webinars are an efficient and cost-effective means of providing updates to PCAOB registered firms and other stakeholders. Recordings of webinars are available on the PCAOB website.

"PCAOB webinars and live forums provide timely and targeted information and the Board encourages further participation in these programs by as many audit firms as possible," said Mary Sjoquist, Director of the PCAOB Office of Outreach and Small Business Liaison.

The webinar, scheduled for Tuesday, December 13, 2016, from 2 p.m. to 4 p.m. EST, is open to members of PCAOB-registered firms. There is no fee to participate, but registration is required by Thursday, December 8.

Participants have the opportunity to earn continuing professional education credits. Additional information, including a link to register, is available on the PCAOB website.

Please contact Margaret Totten at [email protected] or (202) 207-9081 with registration questions.