The meeting will include a discussion on the supervision of audit work performed by registered public accounting firms. The group will also discuss quality control practices of global audit networks in audits of financial statements, including financial statements prepared in accordance with International Financial Reporting Standards.

A panel discussion will address the use of judgment, based on a proposal developed by the Securities and Exchange Commission's Advisory Committee on Improvements to Financial Reporting (CIFiR).

The agenda and other documents for this meeting can be found on the PCAOB Web site at www.pcaobus.org. The briefing papers regarding the discussion on supervision of audit work performed by accounting firms and quality control practices of global audit networks are available now.  The briefing paper regarding CIFiR's proposal on judgment will be available shortly before the meeting.