Oregon Disaster Number OR-00029, 18753 [E9-9423]
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Federal Register / Vol. 74, No. 78 / Friday, April 24, 2009 / Notices
409 3rd Street, SW., Suite 6050,
Washington, DC 20416.
SUPPLEMENTARY INFORMATION: The notice
of the President’s major disaster
declaration for Private Non-Profit
organizations in the State of
Washington, dated 03/02/2009, is
hereby amended to include the
following areas as adversely affected by
the disaster.
Primary Counties: Whitman, Ferry.
All other information in the original
declaration remains unchanged.
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
James E. Rivera,
Acting Associate Administrator for Disaster
Assistance.
[FR Doc. E9–9430 Filed 4–23–09; 8:45 am]
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #11677 and #11678]
Oregon Disaster Number OR–00029
mstockstill on PROD1PC66 with NOTICES
AGENCY: U.S. Small Business
Administration.
ACTION: Amendment 3.
SUMMARY: This is an amendment of the
Presidential declaration of a major
disaster for Public Assistance Only for
the State of Oregon (FEMA–1824–DR),
dated 03/02/2009.
Incident: Severe Winter Storm,
Record and Near Record Snow,
Landslides, and Mudslides.
Incident Period: 12/13/2008 through
12/26/2008.
Effective Date: 04/02/2009.
Physical Loan Application Deadline
Date: 05/01/2009.
Economic Injury (EIDL) Loan
Application Deadline Date: 12/02/2009.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
Administration, Processing and
Disbursement Center, 14925 Kingsport
Road, Fort Worth, TX 76155.
FOR FURTHER INFORMATION CONTACT: A.
Escobar, Office of Disaster Assistance,
U.S. Small Business Administration,
409 3rd Street, SW., Suite 6050,
Washington, DC 20416.
SUPPLEMENTARY INFORMATION: The notice
of the President’s major disaster
declaration for Private Non-Profit
organizations in the State of Oregon,
dated 03/02/2009, is hereby amended to
re-establish the incident period for this
disaster as beginning 12/13/2008 and
continuing through 12/26/2008.
All other information in the original
declaration remains unchanged.
VerDate Nov<24>2008
16:20 Apr 23, 2009
Jkt 217001
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
James E. Rivera,
Acting Associate Administrator for Disaster
Assistance.
[FR Doc. E9–9423 Filed 4–23–09; 8:45 am]
BILLING CODE 8025–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–59792; File No. PCAOB–
2008–06]
Public Company Accounting Oversight
Board; Notice of Filing of Proposed
Amendment to Board Rules Relating to
Inspections
April 20, 2009.
Pursuant to Section 107(b) of the
Sarbanes-Oxley Act of 2002 (the ‘‘Act’’),
notice is hereby given that on December
9, 2008, the Public Company
Accounting Oversight Board (the
‘‘Board’’ or the ‘‘PCAOB’’) filed with the
Securities and Exchange Commission
(the ‘‘SEC’’ or ‘‘Commission’’) the
proposed rule changes described in
Items I, II, and III below, which items
have been prepared by the Board. The
Commission is publishing this notice to
solicit comments on the proposed rule
from interested persons.
I. Board’s Statement of the Terms of
Substance of the Proposed Rule
On December 4, 2008, the Board
adopted an amendment to its rule
relating to the frequency of inspections.
The proposed amendment adds a new
paragraph (f) to existing Rule 4003. The
text of the proposed amendment is set
out below. Language added by the
amendment is in italics.
Rule 4003. Frequency of Inspections
*
*
*
*
*
(f) With respect to any foreign
registered public accounting firm
concerning which the preceding
provisions of this Rule would set a 2008
deadline for the first Board inspection,
such deadline is extended to 2009.
II. Board’s Statement of the Purpose of,
and Statutory Basis for, the Proposed
Rule
In its filing with the Commission, the
Board included statements concerning
the purpose of, and basis for, the
proposed rule. The text of these
statements may be examined at the
places specified in Item IV below. The
Board has prepared summaries, set forth
in sections A, B, and C below, of the
most significant aspects of such
statements.
PO 00000
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Fmt 4703
Sfmt 4703
18753
A. Board’s Statement of the Purpose of,
and Statutory Basis for, the Proposed
Rule
(a) Purpose
The Sarbanes-Oxley Act of 2002 (‘‘the
Act’’) directs the Board to conduct a
continuing program of inspections to
assess registered public accounting
firms’ compliance with certain
requirements.1 The Act prescribes
inspection frequency requirements but
also authorizes the Board to adjust the
frequency requirements by rule if the
Board finds that an adjustment is
consistent with the purposes of the Act,
the public interest, and the protection of
investors.2 Inspection frequency
requirements adopted by the Board are
set out in PCAOB Rule 4003,
‘‘Frequency of Inspections.’’
The Board began a regular cycle of
inspections of U.S. firms in 2004 and
has conducted 911 such inspections,
including repeat inspections of several
firms. Inspections of non-U.S. firms
began in 2005, and the Board has
inspected 123 non-U.S. firms that have
issued audit reports while registered
with the Board. Those firms are located
in 24 jurisdictions.3 There are, however,
21 non-U.S. firms that have issued audit
reports while registered and that Rule
4003 requires the Board to inspect by
the end of 2008, but that the Board has
not yet inspected. For the reasons
described below, the Board has adopted
Rule 4003(f) to extend for one year the
deadline for the Board to conduct the
first inspections of non-U.S. firms that
are otherwise required before the end of
2008.4
The PCAOB has recognized since the
outset of its inspection program that
inspections of non-U.S. firms pose
1 See
Section 104(a) of the Act.
Section 104(b) of the Act.
3 The Board has inspected non-U.S. firms located
in Argentina, Australia, Bermuda, Brazil, Canada,
Chile, Colombia, Greece, Hong Kong, India,
Indonesia, Ireland, Israel, Japan, Kazakhstan,
Mexico, New Zealand, Panama, Peru, Singapore,
South Africa, South Korea, Taiwan R.O.C., and the
United Kingdom.
4 Existing Rule 4003 effectively sets deadlines for
the Board’s inspections not only of firms that issue
audit reports, but also of firms that play a
substantial role in the preparation or furnishing of
an audit report (as defined in PCAOB Rule
1001(p)(ii)). The Board has previously submitted for
Commission approval amendments to Rules 4003(b)
and 4003(d) that would eliminate from the Rule any
frequency requirement or deadline for the Board to
inspect a firm that plays a substantial role but does
not issue an audit report. Unless and until the
Commission approves such a rule change, however,
the one-year extension in proposed rule 4003(f)
would (if approved by the Commission) apply to
required 2008 PCAOB inspections of non-U.S. firms
that have played a substantial role as well as to
required 2008 inspections of non-U.S. firms that
have issued audit reports.
2 See
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]]>Agencies
[Federal Register Volume 74, Number 78 (Friday, April 24, 2009)]
[Notices]
[Page 18753]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-9423]
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration 11677 and 11678]
Oregon Disaster Number OR-00029
AGENCY: U.S. Small Business Administration.
ACTION: Amendment 3.
-----------------------------------------------------------------------
SUMMARY: This is an amendment of the Presidential declaration of a
major disaster for Public Assistance Only for the State of Oregon
(FEMA-1824-DR), dated 03/02/2009.
Incident: Severe Winter Storm, Record and Near Record Snow,
Landslides, and Mudslides.
Incident Period: 12/13/2008 through 12/26/2008.
Effective Date: 04/02/2009.
Physical Loan Application Deadline Date: 05/01/2009.
Economic Injury (EIDL) Loan Application Deadline Date: 12/02/2009.
ADDRESSES: Submit completed loan applications to: U.S. Small Business
Administration, Processing and Disbursement Center, 14925 Kingsport
Road, Fort Worth, TX 76155.
FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster
Assistance, U.S. Small Business Administration, 409 3rd Street, SW.,
Suite 6050, Washington, DC 20416.
SUPPLEMENTARY INFORMATION: The notice of the President's major disaster
declaration for Private Non-Profit organizations in the State of
Oregon, dated 03/02/2009, is hereby amended to re-establish the
incident period for this disaster as beginning 12/13/2008 and
continuing through 12/26/2008.
All other information in the original declaration remains
unchanged.
(Catalog of Federal Domestic Assistance Numbers 59002 and 59008)
James E. Rivera,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. E9-9423 Filed 4-23-09; 8:45 am]
BILLING CODE 8025-01-P
