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Audit & Assurance Update — A summary of the May 18–19 meeting of the PCAOB’s Standing Advisory Group

Published on: Jun 22, 2016

This Audit & Assurance Update summarizes the May 18–19, 2016, PCAOB Standing Advisory Group (SAG) meeting, which covered (1) an update on recent PCAOB developments, (2) an overview of PCAOB current and future standard-setting activities (including discussion of the Board’s projects on supervision of other auditors and the auditor’s reporting model), (3) SAG breakout sessions on company performance measures and the role of the auditor, and (4) discussions regarding potential emerging audit issues.

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