Board Announces February Meeting of Standing Advisory Group
Washington, DC, January 25, 2006 – The Public Company Accounting Oversight Board announced today that it has scheduled a meeting of its Standing Advisory Group for Thursday, February 9, from 8:30 a.m. to 5:15 p.m. at the Army and Navy Club, 901 17th Street, N.W., Washington, DC.
The matters to be considered by the advisory group are the auditor's use of specialists in performing an audit; risk assessment and the auditor's consideration of materiality in planning an audit; and possible effects of the inclusion of litigation-related clauses in audit engagement letters.
The agenda and briefing papers for this meeting can be found under Standards on the Board’s Web site at www.pcaobus.org. The meeting is open to the public and will be webcast on the Board’s Web site.
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The PCAOB is a private-sector, nonprofit corporation, created by the Sarbanes-Oxley Act of 2002, to oversee the auditors of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, fair, and independent audit reports.
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