PCAOB seeks comment on standard-setting and research

The PCAOB seeks public comment regarding potential areas of focus for standard setting, building on dialogue initiated in its Strategic Priorities Request for comment in March.

It is also seeking feedback on revisiting its general approach to standard setting and considering the potential impact of the recent SEC proposal regarding semiannual reporting on the PCAOB’s suite of standards.

The comment deadline is Aug. 7.

“As we continue to advance our standard-setting and research activities, our agendas must evolve with the audit and financial reporting ecosystem,” PCAOB Chair Demetrios Logothetis said in a news release. “This open comment period will allow us to hear directly from stakeholders as we refine our priorities, ensuring that our efforts remain focused, practical, and aligned with the needs of today’s investors and capital markets.”

This is the first time the PCAOB has issued a request for comment on its standard-setting and research agendas, the release said.

The request reflects the feedback received during the PCAOB’s Strategic Priorities Request for Comment earlier this year and allows stakeholders to provide more targeted input.

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