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ARTICLE · 11 SEPTEMBER 2020

PCAOB Modernizes And Updates Research And Standard-Setting Agendas

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Earlier this week, the Public Company Accounting Oversight Board announced updates to its research and standard-setting agendas.

United StatesAccounting and Audit
Alan Wilson
Alan Wilson
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Earlier this week, the Public Company Accounting Oversight Board announced updates to its research and standard-setting agendas. Similar to the SEC's approach with its short-term rulemaking agenda, going forward, the PCAOB plans to include on its research and standard setting agendas only specific projects expected to have a "public milestone (e.g., a proposal, a staff publication, or a concept release) within the next 12 to 18 months." As discussed below, the PCAOB removed three projects from its agendas, noting that after "significant work on these projects, . . . there is not a need at present to change our standards or take other action on these topics." Specific agenda updates include:  

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