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The AAO Weblog covers accounting issues and current events as they relate the practice of investment analysis. All posts prior to September, 2007 are in the public domain, but after September 4, only subscribers to The Analyst's Accounting Observer will see all posts going forward. Only selected, occasional posts will be released to the public domain from September 4 forward.

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PCAOB Comings & Goings
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Posted by: Jack Ciesielski 5/16/2007 5:29 AM
The PCAOB adds a new position: Director of the Office of External Relations, which is itself a new unit. It will be headed by Mary Moore Hamrick, who was previously the PCAOB's Director of Governmental Relations.

The new Office of External Relations' goal is to inform and obtain "feedback from investors, auditors, policymakers and other interested parties about PCAOB activities."

Should be interesting to see what degree each of those interested parties participate in providing feedback.

Leaving the PCAOB is Phil Wedemeyer, who has been the PCAOB's Director of the Office of Research and Analysis. (That's the part of the PCAOB that divines audit risks and communicates them to the PCAOB-registered audit firms; sort of a auditing think tank.) He'll be replaced by Martin Baumann, a former CFO of Freddie Mac during the financial restatement period and a 33-year PricewaterhouseCoopers veteran.
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