Board Names Leaders for Office of Internal Oversight

Washington (March 18, 2004) -- The Public Company Accounting Oversight Board has named two leaders for its newly created Office of Internal Oversight and Performance Assurance.

The office, which will perform internal reviews of the programs and operations of the board "to help ensure efficiency, integrity and effectiveness," will be led by Peter Schleck, a former senior advisor to the inspector general of the U.S. Department of Energy, and Fred Doggett, a CPA and former assistant inspector general for audit services at the Department of Energy.

PCAOB director of public affairs Christi Harlan said the office has already started its reviews. "This is our system of internal controls," said Harlan. "They'll be looking at the systems we have in place to protect the extremely confidential information we obtain through registering accounting firms and their inspections and they'll be looking at our own financial systems and making sure they're sound."

Schleck, 35, who will serve as director, comes to the PCAOB with more than 15 years of experience serving three inspectors general at two cabinet-level agencies. He was also a staff liaison to various inspectors general for the audit committee of the President's Council on Integrity and Efficiency.

Deputy director Doggett, 43, has more than 21 years of professional audit experience in federal cabinet-level agencies and on behalf of the U.S. Congress. At the Department of Energy, he directed dozens of complex financial and performance audits involving multi-billion dollar energy and national defense programs.

-- Melissa Klein Aguilar

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