Advocacy: Other Federal Agencies

The Society engages with the Public Company Accounting Oversight Board (PCAOB) on an as-needed basis and comments on proposed audit standards that would further increase corporate audit costs, reduce the efficiency, and/or increase inefficiencies of the audit process. The Society submitted comments on proposed audit standards in 2013, 2017, and 2023.

When appropriate, the Society also will opine on other federal agency rulemaking that likely will have an impact on corporate governance practices or public companies’ disclosure obligations. In recent years, the Society has commented on proposals from the Federal Trade Commission and the Federal Deposit Insurance Corporation.