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Heads Up — A summary of the November 9–10 meeting of the PCAOB's Standing Advisory Group

Published on: 16 Dec 2011

At the meeting, the PCAOB provided an update on recent developments, including an overview of its current and future standard-setting activities. In addition, the PCAOB and SAG discussed the following: auditor independence and audit firm rotation, going concern, fair value pricing sources, improving the transparency of audits, year-end audit risk and financial reporting issues, and public comments on the PCAOB's concept release on the auditor's reporting model.

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