This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Remarks of PCAOB Board Member Steven B. Harris at the NYSSCPA SEC Conference

  • PCAOB (US Public Company Accounting Oversight Board) (dark gray) Image

Oct 26, 2016

On October 26, 2016, the Public Company Accounting Oversight Board (PCAOB) posted a speech, "Current Priorities of the PCAOB," given by PCAOB Board Member Steven B. Harris on October 25, 2016, at the SEC Conference held by the New York State Society of CPAs in New York.

In his speech, he discusses some of the current priorities of the PCAOB, a number of which are outlined in the Board's five year strategic plan.

The topics discussed are as follows:

Role of the Independent Auditor

  • Investors are the Auditor's True Client
  • Re-emergence of Concerns about Auditor Independence
  • State of Audit Quality
  • Improper Alteration of Audit Documentation
  • PCAOB's Standard-Setting Activities
  • Auditor's Reporting Model
  • Technological Innovation in the Audit

In his conclusion, he encourages auditors to strive to improve audit quality, be vigilant in protecting independence from management, and not lose sight that the client is the investing public.

Review the speech on the PCAOB's website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.