Timely Takes Podcast: The PCAOB’s “NOCLAR” Proposal

 

Jay Knight

Jay Knight is partner-in-charge of Barnes & Thornburg’s Nashville office and co-chair of its Securities and Capital Markets Practice Group

Jay Knight is partner-in-charge of Barnes & Thornburg’s Nashville office and co-chair of its Securities and Capital Markets Practice Group. Drawing on his extensive Securities and Exchange Commission experience, Jay’s practice focuses on securities offerings, mergers and acquisitions, real estate capital markets, structured finance, and the representation of public companies and underwriters.

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Topics:

  1. Overview of the PCAOB’s proposed Non-Compliance with Laws and Regulations (NOCLAR) Auditing Standard and how it differs from the current standard
  2. The most significant concerns about the proposed NOCLAR Standard from a lawyer’s perspective
  3. Implications for audit committees and their advisers
  4. Implications for the relationship between management and the outside auditors

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The views set forth in the podcast are the speaker's personal views and do not necessarily reflect those of their firm, company, institution, other organizations, or any of the clients with which they are associated.