From the SEC:

On June 20 the SEC Requested Additional Comments on PCAOB Auditing Standard No. 5. The Agency is seeking comments on specific questions it poses about the new standard. The comment period ends July 12, and the commission intends to act on the proposed rule by July 27. Please click here http://www.sec.gov/rules/pcaob/34-55912.pdf to view this document.

From the IFAC

Exposure Draft: IFAC’s New International Principles-based Good Practices

The International Federation of Accountants is seeking comments on the approach to representing good practice to professional accountants in business. The preface to IFAC's International Management Accounting Statements and International Good Practice Guidance sets out the objectives, scope and due process of two new types of guidance: International Management Accounting Statements and International Good Practice Guidance. Visit http://www.ifac.org/Guidance/EXD-Details.php?EDID=0082 for more information. Comments can be emailed to Edcomments@ifac.org. The deadline for comment is Sept. 12, 2007.

From the Center for Audit Quality

The Center for Audit Quality Hosts Panel Discussion Marking 5th Anniversary of Sarbanes-Oxley

On July 30, the Center for Audit Quality (CAQ) will host a panel discussion and luncheon at the National Press Club in Washington, D.C.to mark the fifth anniversary of the Sarbanes-Oxley Act. The CAQ is an affiliate of the AICPA, and represents the more than 800 CPA firms that audit public companies. The panel discussion will focus on the U.S. business and legal environment pre-Sarbanes-Oxley, the impact of the Act over the past five years, and its role and influence moving forward. For speaker, agenda and registration information go to http://thecaq.org/newsroom/pdfs/ SOXmediaadvisory_062907.pdf.