PCAOB Investor Advisory Group to Meet October 20

The Public Company Accounting Oversight Board today announced that it will hold a meeting of its Investor Advisory Group on Monday, October 20, 2014.

Topics that the IAG will present to the Board include:

• The audit firm business model and incentives
• How to improve audit quality and the relevancy of the audit
• The relationship and role of the auditor with the audit committee

“Investors play a key role in the PCAOB’s agenda and initiatives,” said James R. Doty, PCAOB Chairman.  “The IAG annual meeting gives us an opportunity to hear directly from investors about how they think the audit can be more useful and informative.”

Topics the IAG has discussed at previous meetings include: audit firm practice and transparency; the auditor's report and the role of the auditor; going concern and related global initiatives; the role, relevancy and value of the audit; global networks and audit firm governance; and audit quality indicators.

The IAG is a forum for the investor community to provide its views and advice on matters affecting investors and the work of the PCAOB. Members of the IAG represent a broad spectrum of the investment community, as well as individuals who have a demonstrated history of commitment to investor protection.

The meeting, which is open to the public, will be held at the Hamilton Crowne Plaza Hotel, 1001 14th Street NW, Washington, DC 20005. Registration will be available from 8:30 a.m. to 9 a.m., and the meeting will take place from 9 a.m. to 5 p.m. It also will be available via webcast on the PCAOB website.

PCAOB Board Member Steven B. Harris is the IAG Chairman. More information is available on the Investor Advisory Group page on the PCAOB website.