PCAOB Forms Fraud Resource Center, Seeks Director

Earlier today, the Public Company Accounting Oversight Board announced that, following on a recommendation made in the 2008 report of the U.S. Treasury Department's Advisory Committee on the Auditing Profession (ACAP), the PCAOB is forming a Financial Reporting Fraud Resource Center. In connection with forming the center, the PCAOB is seeking to hire a Director of the center. See the PCAOB's press release and the related job posting. For background on ACAP, see our Sept. 28, 2008 FEI blog post.