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Heads Up: A Summary of the April 7–8 Meeting of the PCAOB’s Standing Advisory Group

Volume 17, Issue 17


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The attached issue of Heads Up summarizes the April 7–8, 2010, meeting of the PCAOB’s Standing Advisory Group (SAG). At this meeting, the SAG discussed two main issues: responsibilities of the principal auditor and the auditor’s reporting model. In addition, the SAG received reports on standard-setting activities, including a summary of comments received on the PCAOB’s reproposed risk assessment standards, emerging issues, an update on the PCAOB’s standard-setting agenda, and progress made in responding to the recommendations of the U.S. Department of the Treasury’s Advisory Committee on the Auditing Profession.

Read more in the file attached below or visit the Heads Up Archive for past issues.

Heads Up and other information on accounting and financial disclosure also can be found in the Technical Library: The Deloitte Accounting Research Tool. Technical Library, a subscription-based research tool, includes material from the the Financial Accounting Standards Board (FASB), Emerging Issues Task Force (EITF), AICPA, Securities and Exchange Commission (SEC) and International Accounting Standards Board (IASB), in addition to our own accounting manual and interpretative accounting guidance. Updated every business day, the Technical Library has an intuitive design and navigation system. Powerful search features enable users to locate information quickly, at any time and from any computer. Additionally, Technical Library subscribers receive periodic e-mails highlighting recent additions to the Technical Library.

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