Date: May 26, 2015
Issue: Regulatory Reform
To: Financial Accounting Foundation
Filing Type: Regulatory
Description: The CCMC applauds FAF for establishing the PCC in May 2012. The CCMC also commends FAF for its commitment to post-implementation review processes, such as this one, which allow for feedback from stakeholders to determine whether the PCC is meeting its primary responsibilities and mission; provide an assessment of the PCC’s continuing role and effectiveness; and address changes that might be made to improve the PCC’s effectiveness.