PwC comment letters

PwC responses to proposals or concept releases issued by various standard setter organizations and regulators

PwC comments on AICPA’s proposed standard on going concern


PwC supports the proposed standard to clarify the auditor’s responsibility when assessing going concern.

PwC comments on PCAOB reproposal on changes to the auditor’s report


PwC supports changes to the auditor’s report that maintain or improve audit quality.

PwC comments on proposed update to the derecognition of nonfinancial assets


PwC responded to the proposed clarification of the scope of ASC 610-20 and the accounting for partial sale transactions.

PwC comments on PCAOB proposal for audits involving other auditors


PwC supports the PCAOB project considering the auditor’s supervisory responsibilities in audits involving other auditors.

PwC comments on FASB’s proposed amendments on ASU 810, Consolidation


PwC supports proposed amendments to how entities should consider interests held through related parties under common control.

PwC comments on SEC’s Regulation S-K Concept Release


Read PwC’s response to the SEC’s Concept Release related to improvements to Regulation S-K.

PwC comments on simplifying the measurement of goodwill impairment


PwC supports the proposed simplification to eliminate Step 2 of the current goodwill impairment test.

PwC comments on PCAOB Post-Implementation review of AS 7


PwC is supportive of AS 7 and PCAOB post-implementation reviews in general

PwC comments on proposed technical corrections to new revenue standard


PwC generally supports the FASB efforts to respond to concerns raised by constituents about the new revenue standard.

PwC comments on proposed technical corrections and improvements


We support the FASB’s ongoing efforts to provide regular updates, corrections, and improvements to the Codification.