The Public Company Accounting Oversight Board said it plans to hold a meeting to consider a new ethics and independence rule concerning communication with audit committees.

The rule would supersede the PCAOB's interim independence requirement, along with two related interpretations.

In addition, the PCAOB said it would consider proposing an amendment to its existing rule for tax services for persons in financial reporting oversight roles. The amendment would exclude the portion of the audit period that precedes the beginning of the professional engagement period. It would also further adjust the implementation schedule for the rule as it applies to tax services provided during the audit period.

The meeting will be webcast via a link on the PCAOB's web site, www.pcaobus.org.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access