PCAOB forms Inspections Modernization Council

PCAOB to modernise audit inspections with new advisory council

The Public Company Accounting Oversight Board (PCAOB) in the US has set up a new advisory group, the Inspections Modernisation Council, and is inviting external stakeholders to join. The organisation’s inspections programme, in place for more than two decades, has been central to the PCAOB’s work on audit quality. The new initiative is intended to update the programme so it stays “relevant and resilient”, with support from outside experts. The P…

PCAOB forms Inspections Modernization Council

The Public Company Accounting Oversight Board is forming a new advisory body called the Inspections Modernization Council — and it is looking for experts to apply.