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PCAOB hosts public meeting on auditor independence and audit firm rotation

  • PCAOB (US Public Company Accounting Oversight Board) Image

Sep 17, 2012

The PCAOB announced that it will host its third public meeting on ways to enhance auditor independence, objectivity, and professional skepticism, including through mandatory rotation, or term limits, for audit firms. The meeting will be held Thursday, October 18, 2012, in Houston, Texas.

The meeting will consist of panel discussions, during which panelists will be invited to present their views on the matters raised in the concept release, and board members will have the opportunity to ask panelists follow-up questions. The schedule and list of panelists will be made available closer to the meeting date.

Webcasts from the first two  public meetings held in March and June are available on the PCAOB's Web site.

For more information on the upcoming public meeting, see the press release on the PCAOB's Web site. Also, click for our earlier story on the PCAOB's concept release on auditor independence and audit firm rotation.

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