PCAOB Announces Panelists for Upcoming Public Meetings on Auditor Independence and Audit Firm Rotation
On 21-22 March 2012, the United States Public Company Accounting Oversight Board (PCAOB) will be hosting a public meeting on ways to enhance auditor independence, objectivity, and professional skepticism, including through consideration of audit firm term limits. The PCAOB has announced the panelists and schedule of appearances for this public meeting. Panelists include investors, senior executives and audit committee chairs of major corporations, chief executive officers of audit firms, members of academia and other interested parties. In conjunction with this public meeting, the PCAOB is re-opening the comment period on its concept release on auditor independence and audit firm rotation (see our earlier story) until 22 April 2012.