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September 10, 2024

PCAOB’s “NOCLAR” Proposal: No News Is Good News?

All of the recent actions on PCAOB rules had me wondering: what is going on with the NOCLAR proposal? Based on the
PCAOB’s rulemaking page – which was last updated when the rule was proposed in June 2023 – the answer appears to be “not much.” At least, not publicly.

For now, a lot of folks are hoping that “no news is good news.” Compliance officers, executives, auditors and other concerned parties submitted nearly 200 unique comment letters – and the PCAOB received additional feedback via a roundtable in April. We’ll continue to watch for updates…

Liz Dunshee

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