Date: June 30, 2016

Issue: Accounting and Auditing

To: Ms. Phoebe Brown, Secrectary, PCAOB 

Filing Type: Regulatory

Description:  The CCMC appreciates the opportunity to comment on the Post Implementation Review of Auditing Standard No. 7.  While we believe that changes should be made both in terms of progress and the selection of the first standard to be reviewed, the CCMC feels that this is an important step forward.

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