Council of Institutional Investors

Section: August 3, 2023 | Vol. 28, Issue 28
CII Recommends PCAOB Strengthen Auditors’ Role in Whistleblower Programs

In an August 3 comment letter, CII generally supports the Public Company Accounting Oversight Board’s (PCAOB) proposed amendments to its auditing standards related to companies’ noncompliance with laws and regulations (NOCLAR) and suggests bolstering auditors’ role in internal whistleblower programs.
New McKinsey Report on AI Predicts Significant Shifts in Employment
A new report from McKinsey that tracks employment trends shaping the economy estimates that 11.8 million workers currently in occupations with shrinking demand may need to move into different lines of work by 2030.