The Public Company Accounting Oversight Board is reaching out to smaller accounting firms and small public companies with a new initiative to provide information about the board's inspections process and the impact of new auditing standards.

The PCAOB has planned a series of 10 invitation-only programs for registered firms and public companies in the small business community. Invited participants are auditors from registered accounting firms with fewer than 20 issuer clients and the members of audit committees of smaller public companies. The program is limited to those groups in the small business environment that are most directly impacted by the board's oversight responsibilities.

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