September 20, 2023

Timely Takes Podcast: The PCAOB’s “NOCLAR” Proposal

Check out our latest “Timely Takes” podcast featuring a discussion with Barnes & Thornburg’s Jay Knight on the PCAOB’s proposed amendments to its Noncompliance with Laws and Regulations Auditing Standard.  In this 20-minute podcast, Jay addressed the following topics:

1. Overview of the PCAOB’s proposed Non-Compliance with Laws and Regulations (NOCLAR) Auditing Standard and how it differs from the current standard
2. The most significant concerns about the proposed NOCLAR Standard from a lawyer’s perspective
3. Implications for audit committees and their advisers
4. Implications for the relationship between management and the outside auditors

Be sure to pay a visit to Barnes & Thornburg’s new “Practical Securities Law Blog,” which we just added to our blog roll. If you have insights on a securities law, capital markets or corporate governance trend or development that you’d like to share, I’m all ears – just shoot me an email at

John Jenkins