In this comment letter, the CAQ’s Smaller Firm Task Force (SFTF) provides views regarding the totality of the PCAOB’s standard setting activities, including its recent Proposals, Firm and Engagement Metrics and Firm Reporting.
In this letter, the SFTF details their views on the following :
- Importance of smaller businesses to the overall capital markets
- Importance of smaller accounting firms to smaller companies
- More pronounced impact of PCAOB regulation overload on smaller firms and companies
- Overall recommendations
Read the full comment letter here.