Business
On May 11, 2016, the PCAOB held an Open Board Meeting on a proposal to change the auditor’s reporting model. This is a recording of the meeting. The meeting starts with a presentation by PCAOB staff describing the proposal (1:00). Then Board members make their statements (19:00). Finally, Board members ask questions, and PCAOB staff answer (49:00). Listeners should not rely on the podcast as a substitute for consulting the proposed rule. For more information on the proposed changes to the auditor’s report, listeners can access the proposed rule on the PCAOB website at https://pcaobus.org/Rulemaking/Pages/Docket034.aspx. Parties interested in commenting on the proposed changes to the auditor’s report should submit a comment to Comments@pcaobus.org.