PCAOB to Consider Policy on Auditing Standards, Ethics Code
Washington, DC, June 25, 2003 – The Public Company Accounting Oversight Board has scheduled an open meeting for 10:30 a.m. Monday, June 30, in the South America B Room at the Capital Hilton, 16th & K Streets NW, Washington, D.C.
The Board is scheduled to consider:
- Adopting rules on the use of an advisory group in connection with the Board's amendment of existing -- and establishment of new -- auditing and related professional practice standards and on compliance with the Board's standards, and
- Adopting an ethics code for Board members and staff. The Board proposed an ethics code and a statement of policy on auditing and related standards at an open meeting on April 16.
Comments on the proposals are available on the Board's Web site, www.pcaobus.org, under Rulemaking. If adopted, the ethics code and rules on standards will be submitted to the Securities and Exchange Commission for approval pursuant to the Sarbanes-Oxley Act.
The meeting will be webcast and open to the public. An archived audio webcast of the Board's meeting is accessible here.
Media contact: Christi Harlan 202-207-9049
Media Inquiries: Public Affairs, 202-207-9227
The PCAOB is a private-sector, nonprofit corporation, created by the Sarbanes-Oxley Act of 2002, to oversee the auditors of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, fair, and independent audit reports.
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