July 1, 2015
PCAOB’s New Concept Release on Audit Quality Indicators
Yesterday, the PCAOB issued a concept release about the content and possible uses of audit quality indicators, measures that may provide new insights into audit quality. Here’s the press release – and fact sheet.
Today, the SEC will be proposing its clawback rules finally. For those in law firms, get ready to rumble with your memo writing skills…
PCAOB: Re-Re-Proposal to Seek Engagement Partner Name in a New Form (Not the Audit Report)
Yesterday, the PCAOB also issued a supplemental request for comment on whether to require auditors to file a new PCAOB Form AP to identify the name of an audit engagement partner – a different approach than the original 2011 proposal (that was re-proposed in ’13) that would require name disclosure in the audit report itself. Comments are due by August 31st. Technically, I believe this is not a “re-re” proposal – rather, it’s a supplemental request to the re-proposal. Here’s the comments submitted to date…
Our July Eminders is Posted!
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Sights of the Society of Corporate Secretaries Conference
Saw many old friends & made some new ones at last week’s annual conference for the Society of Corporate Secretaries:
Norfolk Southern’s Ginny Fogg, Mondelēz’ Carol Ward & DuPont’s Erik Hoover
CT Corp’s Tim Rooney, Sarah Brunet & Lisa Mann
Awesome Georgeson/Computershare booth staffed by Donna Ackerly, Erik Schwendeman & Kerry Anderson
Met Jim McRitchie in person for the 1st time
CSC’s Neal Smith sporting his famous jacket
– Broc Romanek