CAQ Publishes Highlights of IPTF’s November 2023 Meeting With SEC Staff

The Center for Audit Quality has published highlights of the November 9, 2023, meeting of the International Practices Task Force (IPTF) with the SEC staff. Topics discussed at the meeting included:

• “Application of Rule 3-05(d) for a domestic registrant when it acquires a business that is not a foreign business but would qualify as a Foreign Private Issuer if it were the registrant.”
• Disclosure related to change in a registrant’s certifying accountants.
• The “SEC’s reporting expectations for FPIs when these registrants also comply with their local Corporate Social Responsibility (CSR) Reporting.”

The next IPTF meeting is scheduled for May 21, 2024.