The Public Company Accounting Oversight Board (PCAOB) is seeking practitioner comment on Critical Audit Matter (CAM) requirements, part of the agency’s strategic plan to solicit more input from stakeholders.

The Office of Economic and Risk Analysis is seeking comment on PCAOB’s interim analysis of CAM requirements, before the second phase of CAM implementation begins, according to a press release.

The comment period has been extended from 30 to 60 days, in order to give stakeholders affected by coronavirus enough time to respond, the press release said. Comments are due by June 15, 2020, and all comments will be posted to the PCAOB Website.

“We encourage commenters to provide data, evidence, and/or specific examples in support of their comments,” the agency said. All comments should refer to Interim Analysis No. 2020-01, Critical Audit Matter Requirements, on the subject or reference line.

The PCAOB had previously announced that it will reach out to audit committee chairs at certain companies whose audits are selected for inspection to speak with audit inspectors directly.

The inspection staff indicated it would share further updates to audit committees to provide inspectors’ observations from those interviews and inspection findings, the PCAOB said. The PCAOB’s latest strategic plan includes more proactive engagement with stakeholders, including audit committees, in the PCAOB inspection process.