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PCAOB Looks for Investor Advisors

August 21, 2012

The Public Company Accounting Oversight Board is looking for new members to join its Investor Advisory Group for a three-year term.

Members of the group are supposed to represent a broad spectrum of the investment community, along with people who have demonstrated a past commitment to investor protection.

The PCAOB established the IAG in July 2009 as a way for the investor community to provide advice and feedback on matters that affect investors and the work of the PCAOB. Recent topics for discussion have included auditing firm transparency, going concern and related global initiatives, and fraudulent financial reporting.

Nominations, including self-nominations, are sought every three years, and may be submitted by any person or organization. The nomination forms are available at the links below.

The deadline for submissions is Sept. 4, and the terms of the new members will begin on Oct. 1, 2012. Membership in the advisory group is personal to the member, and the duties and responsibilities cannot be delegated to others. Members are subject to certain sections of the Boards Ethics Code, as provided in PCAOB Rule 3700, Advisory Groups.

The Nominee Form can be used to nominate oneself to serve on the IAG. The Nominator Form  can be used to nominate another individual to serve on the IAG

Questions concerning the nomination process should be directed to Joanne O’Rourke Hindman, who acts as special advisor to PCAOB board member and IAG chairman Steven B. Harris, at or (202) 207-9064.

More information is available on the Investor Advisory Group page on the PCAOB’s Web site.

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