The PCAOB is establishing a Center for Economic Analysis to study the role and relevance of the audit in capital formation and investor protection.
Marc Dorfman joined the PCAOB as the Chief Hearing Officer.
The PCAOB adopted two attestation standards pertaining to audits of brokers and dealers.
The Board also adopted an auditing standard applicable when auditors are engaged to perform audit procedures and report on supplemental information that broker-dealers and others file with the SEC. Finally, the Board adopted related amendments to other PCAOB standards.
The PCAOB has finalized the dates for its two 2013 Forums on Auditing Smaller Broker-Dealers along with the agenda for the first session.
The PCAOB proposed for public comment a new auditing standard and related amendments to enhance the auditor's reporting model.