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Comment: SEC concept release

We support the SEC’s efforts to increase the transparency of the audit committee’s responsibilities with respect to the external auditor and the oversight of the audit process in an effort to provide information desired by investors. We request that the Commission consider providing a roadmap for the types of disclosures audit committees should consider in their reporting, rather than providing a prescriptive set of required disclosures. An unintended consequence of such an approach may result in companies and their audit committees developing disclosures as a mere compliance exercise rather than a discussion of those attributes significant to the specific facts and circumstances of the company.

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