Officials at the Public Company Oversight Board unveiled an aggressive agenda for the coming year that may result in as many as 11 new standards for auditors in areas ranging from corporate fraud detection and reporting, to wrestling with related-party transactions.
The oversight body's new standards-setting priority list was outlined during a meeting last month of the board's Standing Advisory Group - a panel of experts from industry, government, the investment community and the accounting profession created to assist the board in creating new standards for auditors.
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