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Heads Up — A summary of the May 17 meeting of the PCAOB’s Standing Advisory Group

Published on: Jun 13, 2012

This issue of Heads Up discusses the 17 May 2012 meeting of the PCAOB’s Standing Advisory Group (SAG). At the meeting, the PCAOB gave an update on recent developments, including an overview of current and future standard-setting activities. In addition, the PCAOB and SAG discussed the following: possible future topics for SAG discussions; the auditor’s consideration of going-concern matters; and the PCAOB’s recent proposed auditing standard on related parties, significant transactions, and executive compensation.

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