PCAOB to Hold Open Meeting June 1 to Consider Adopting Standard on the Auditor’s Report, and Proposing Updated Requirements for Auditing Accounting Estimates and an Auditor’s Use of the Work of Specialists

WASHINGTON, May 24, 2017

The Public Company Accounting Oversight Board today announced that it will hold an Open Meeting on Thursday, June 1, at 2:30 p.m., to consider adopting a standard that would provide additional information in the auditor's report.

The Board also will consider proposing amendments to standards that would strengthen and enhance requirements for auditing accounting estimates, including fair value measurements, and using the work of specialists in an audit.

The meeting is open to the public and will take place in the Board's meeting room at 1666 K Street NW, Washington, DC. The meeting will be streamed live via a link on the PCAOB website and a recording will be available shortly after the meeting concludes.