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Conversations with Audit Committee Chairs: What we heard & FAQs

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

Dec 18, 2019

On December 18, 2019, the Public Company Accounting Oversight Board (PCAOB) staff released a new resource for audit committees, in an effort to provide transparency and as part of the reporting out of what they heard.

The PCAOB is committed to our strategic goal of enhancing transparency and accessibility through proactive stakeholder engagement. Over the past year, we have engaged more directly and more often with public company audit committees and had conversations with the audit committee chairs of almost all of the U.S. issuers whose audits we inspected. By contrast, historically, we have reached out to a small percentage of audit committee chairs during our inspections process. Continuous dialogue with audit committees on areas of mutual importance helps us to advance our mission and may assist audit committees in fulfilling their duties.

Review the publication on the PCAOB's website.

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