The Public Company Accounting Oversight Board (PCAOB)
named two CPAs deputy chief auditors. Laura Phillips will provide
technical direction on the development of the board’s standards and
ensure they and related information are available and appropriately
communicated to public company auditors and other interested parties.
Jennifer Rand will oversee and coordinate all PCAOB standard-setting
projects and administer the Standing Advisory Group, as well as serve
as the board’s observer for the International Auditing and Assurance
Standards Board of the International Federation of Accountants.
The Institute launched an online media center to educate
and update the press on the AICPA, its mission, programs, initiatives
and leadership and on issues affecting the entire profession ( www.aicpa.org/mediacenter
). Barry C. Melancon, AICPA president and CEO, said the site “will
help the press present and illuminate financial and economic issues
and enable the Institute to continue serving as an authoritative voice
on the accounting profession’s role in U.S. capital markets.” The
center’s resources include background information on the AICPA,
electronic press kits, issues briefs, research reports and statistics,
executive biographies, a glossary of accounting terms and contact
information for the state CPA societies and AICPA media relations
staff.