The Public Company Accounting Oversight Board said that the group, made up of 30 experts in variuos financial fields, will give its advice to the board on standard-setting priorities and the policy implications of existing and proposed standards.
The group, which the PCAOB hopes will bring a ‘multi-disciplined approach’ to its standards-setting process, will be chaired by the board’s chief auditor Doug Carmichael.
Other members of the group include former Securities and Exchange Commission chief accountant Lynn Turner; Barbara Roper director of investor protection for the Consumer Federation of America and partners from the Big Four.
UK senior partner Phil Verity has been elected for a second term at Mazars
An audit partner has been appointed at Grant Thornton in its North West offices
KPMG has been appointed with “immediate” effect as the auditor of Dorcaster
The audit for Ibstock will be taken over by Deloitte following a competitive tender process