Date: December 9, 2013
Issue: Auditing
To: PCAOB
Filing Type: Regulatory
Description: Accordingly, the CCMC believes that the Proposal does not meet minimum thresholds required to move forward. Instead, the CCMC respectfully requests the PCAOB should work with the Securities and Exchange Commission (“SEC”) and Financial Accounting Standards Board (“FASB”) to move forward on a broad agenda of financial reporting modernization as outlined in the CCMC’s letter October 9, 2013 to SEC Chair Mary Jo White.