Advisory Committee on Auditing Profession
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Request for Comments
Secretary Paulson announced a series of initiatives this year to enhance U.S. capital markets competitiveness, one of his top priorities since taking office. Areas of focus include strengthening financial reporting and seeking a more sustainable auditing profession.
The committee will examine auditing industry concentration, financial soundness, audit quality, employee recruitment and retention, in addition to other topics. Treasury expects the committee to produce findings and recommendations by early summer 2008.
The first meeting will be held at the Treasury Department on Monday, October 15 at 10:00 a.m. in the Cash Room.
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