U.S. Audit Regulator Set to Launch Standards Advisory Group

The U.S. audit watchdog is poised to create a new committee to inform its work setting standards for how accountants check the books of public companies.

The Public Company Accounting Oversight Board is set to meet March 29 to vote on a charter that would create a Standards Advisory Group, to include corporate management, academics, investors, and auditors.

• Two pre-existing advisory groups haven’t met since 2018. PCAOB Chairman Bill Duhnke previously said he wanted to broaden the board’s outreach beyond what he called the “elite” advisers serving on those entities, which included a former chair of the Financial ...