PCAOB Proposes Rules on Related Parties and Unusual Transactions; Broker-Dealers

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PCAOB Proposes Rules on Related Parties and Unusual Transactions; Broker-Dealers

2/28/2012

On Feb. 28, 2012 the Public Company Accounting Oversight Board voted to release two proposed standards for public comment. They are:

Proposed Auditing Standard: Related Parties: Proposed Amendments to Certain PCAOB Auditing Standards Regarding Significant Unusual Transactions and Other Proposed Amendments to PCAOB Auditing Standards, (see related press release, and other documents), Comment Deadline: May 15, and PCAOB Proposes To Amend Rules and Forms Related to Audits of Broker-Dealers (press release) ; (rule proposal); Comment Deadline April 30.