The PCAOB will host a public virtual roundtable on Wednesday, March 6, and has reopened the public comment period regarding its proposal to amend auditing standards related to the auditor's responsibility for considering a company's noncompliance with laws and regulations (NOCLAR).
The PCAOB issued the proposal on June 6, 2023, and initially accepted comments through Aug. 7, 2023. In advance of the virtual meeting, the PCAOB reported that it received 140 comment letters and decided to reopen the comment period and hold the roundtable meeting in response to significant public interest in the proposal.
The board will host the virtual meeting, which will include panel discussions featuring a cross-section of stakeholders, at 8:30 a.m. CDT. The public comment period for the proposal will remain open until Monday, March 18. Learn more.