About the
Committee Action Plan
Who We Are
Society members who are auditors, consultants, chief financial officers or
accountants with an interest in financial reporting and regulatory compliance
matters that are relevant to issuers.
What We Do
The SEC Committee (the Committee) generally meets monthly to discuss current
issues and developments affecting public companies. To ensure proper
coverage of relevant subject matters, the Committee is made up of the following
subcommittees:
• PCAOB
• SEC
• IASB
• AICPA/CAQ
• SEC
Enforcement Actions
• Responses to Proposals
At its meetings, Committee members will:
• Review proposed and final
releases from the SEC, PCAOB, FASB, EITF, AICPA, IASB and
FinRec;
• Determine if a Committee response to an SEC or PCAOB proposal
is appropriate and designate individuals to respond or serve on a task force
created to respond to such proposals;
• Discuss technical inquiries and
other relevant SEC/PCAOB and FASB related matters.
Other functions of the Committee include:
• Authoring articles for
publications in The CPA Journal and The Trusted
Professional;
• Being available to members of the press for
interviews on SEC and PCAOB related topics;
• Being available to answer
technical inquiries from Society members relating to SEC rules and regulations,
as well as PCAOB compliance matters.
Who Should Join
Society members who:
• Are registered with the
PCAOB
• Practice before the SEC
• Want to share insights and
best practices with their peers; and
• Want to actively participate in
Committee meetings and Society activities.