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SEC Mulls Audit Committee Mandates as Voluntary Disclosures Grow

Tammy Whitehouse | November 5, 2015

As the Securities and Exchange Commission considers a wide range of feedback on the potential for new disclosure requirements for audit committees, the latest data suggests audit committees are increasing their voluntary push to provide more information to investors.

Schnurr-james-1214-updatedFeedback to the SEC’s concept release has produced “mixed views,” said SEC Chief Accountant Jim Schnurr, on whether and to what extent the SEC should mandate new disclosures from audit committees on their oversight of the independent auditor. The SEC received nearly 100 comment letters on its...

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