PCAOB Announces Investor Advisory Group Inaugural Meeting on May 4, 2010

The Public Company Accounting Oversight Board announced today that the inaugural meeting of the Investor Advisory Group will be held in Washington, D.C., on Tuesday, May 4, 2010.

“This Investor Advisory Group meeting begins a new phase of the dialogue between investor representatives and the Board.  It is important that we understand the priorities of those who use audited financial information, and the Investor Advisory Group will provide an additional channel for those views,” said Daniel L. Goelzer, Acting PCAOB Chairman.

The PCAOB created the Investor Advisory Group in July 2009 to provide a forum specifically for the Board to obtain the views of, and advice from, the broad investor community on auditor oversight matters affecting investors.

The 18 members of the Investor Advisory Group are individuals with a demonstrated commitment to investor protection. 

“I look forward to this first meeting of the Investor Advisory Group as an opportunity to focus on how we, at the Board, may enhance our efforts to protect investors and to further the public interest through our oversight of auditors and their preparation of informative, fair and independent audit reports,” said Steven B. Harris, PCAOB Board Member and Chairman of the Investor Advisory Group.

The meeting agenda will be available on the PCAOB Web site by Friday, April 30, and distributed through the PCAOB listserv and RSS feed.

The meeting will be held at The University Club of Washington, D.C., located at 1135 16th Street, N.W., Washington, D.C., 20036. It will be open to the public, Webcast live on the PCAOB Web site and available later by podcast. More information about the advisory group is available on the Investor Advisory Group page on the Web site.