Readout: PCAOB Chairman Jim Logothetis Meets With Counterparts in Hong Kong

On October 9, PCAOB Chairman Demetrios (Jim) Logothetis concluded a working visit to Hong Kong. During his time in Hong Kong, Chairman Logothetis met with Dr. David Sun, Chairman, the Accounting and Financial Reporting Council (AFRC), and Ms. Janey Lai, CEO, AFRC. He also met separately with Consul General Julie Eadeh.

Chairman Logothetis, Dr. Sun, and Ms. Lai discussed the role of audit oversight in supporting market confidence and cross-border capital flows; the challenges faced by the audit profession and audit regulators, including the use of data, automation, and AI; and the strategic priorities of the PCAOB and the AFRC.

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About the PCAOB

The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB also oversees the audits of brokers and dealers registered with the Securities and Exchange Commission, including compliance reports filed pursuant to federal securities laws.