PCPS TIC Comment Letters
Accounting Standards
FASB ED: Interim Reporting (Topic 270) – Disclosure Framework – Changes to Interim Disclosure Requirements
Comment Letter by PCPS Technical Issues Committee Letter Date: January 31, 2022
FASB ITC: Agenda Consultation
Comment Letter by PCPS Technical Issues Committee Letter Date: September 13, 2021
FASB ED: Leases (Topic 842) Discount Rate for Lessees That Are Not Public Business Entities
Comment Letter by PCPS Technical Issues Committee Letter Date: July 15 2021
FASB ED: Business Combinations (Topic 805), Accounting for Contract Assets and Liabilities from Contracts with Customers
Comment Letter by PCPS Technical Issues Committee Letter Date: February 05, 2021
FASB ED: Intangibles—Goodwill and Other: Accounting Alternative for Evaluating Triggering Events
Comment Letter by PCPS Technical Issues Committee Letter Date: November 13, 2020
FASB Proposed Statement of Financial Accounting Concepts, Concepts Statement No. 8, Conceptual Framework for Financial Reporting, Chapter 4: Elements of Financial Statements
Comment Letter by PCPS Technical Issues Committee Letter Date: November 13, 2020
FASB ED: Compensation—Stock Compensation (Topic 718): Determining the Current Price of an Underlying Share for Equity-Classified Share-Option Awards
Comment Letter by PCPS Technical Issues Committee Letter Date: September 29, 2020
FASB ED: Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842): Effective Dates for Certain Entities
Comment Letter by PCPS Technical Issues Committee Letter Date: May 6, 2020
FASB ED: Debt (Topic 470): Simplifying the Classification of Debt in a Classified Balance Sheet (Current versus Noncurrent), Revision of Exposure Draft Issued January 10, 2017
Comment Letter by PCPS Technical Issues Committee Letter Date: October 28, 2019
FASB ED: Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40)
Comment Letter by PCPS Technical Issues Committee Letter Date: October 14, 2019
FASB ED: Identifiable Intangible Assets and Subsequent Accounting for Goodwill
Comment Letter by PCPS Technical Issues Committee Letter Date: October 7, 2019
FASB ED: Financial Instruments-Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates
Comment Letter by PCPS Technical Issues Committee Letter Date: September 16, 2019
FASB ED: Disclosure Improvements: Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative
Comment Letter by PCPS Technical Issues Committee Letter Date: June 28, 2019
FASB ED: Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes
Comment Letter by PCPS Technical Issues Committee Letter Date: June 25, 2019
FASB ED: Income Taxes (Topic 740): Changes to the Disclosure Framework for Income Taxes
Comment Letter by PCPS Technical Issues Committee Letter Date: May 20, 2019
FASB ED: Leases
Comment Letter by PCPS Technical Issues Committee Letter Date: May 13, 2019
FASB ITC: Measurement and Other Topics Related to Revenue Contracts with Customers Under Topic 805
Comment Letter by PCPS Technical Issues Committee Letter Date: April 30, 2019
FASB ED: Extending the Private Company Accounting Alternatives on Goodwill and Certain Identifiable Intangible Assets to Not-for-Profit Entities
Comment Letter by PCPS Technical Issues Committee Letter Date: January 31, 2019
Auditing and Attestation Standards
ASB Proposed Statements on Quality Management Standards
Comment Letter by the PCPS Technical Issues Committee Letter Date: August 27 2021
ASB Proposed SAS, Inquiries of the Predecessor Auditor Regarding Fraud and Noncompliance with Laws and Regulations (NOCLAR)
Comment Letter by the PCPS Technical Issues Committee. Letter date: June 22, 2021
ASB ED, Amendments to AU-C Sections 501, 540, and 620 Related to the Use of Specialists and the Use of Pricing Information Obtained from External Information Sources
Comment Letter by the PCPS Technical Issues Committee. Letter date: January 21, 2021
ASB ED of Proposed SAS: ASB Proposed SAS, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement
Comment Letter by the PCPS Technical Issues Committee. Letter date: November 24, 2020
ASB Proposed Strategy and Work Plan
Comment Letter by the PCPS Technical Issues Committee. Letter date: January 29, 2020
ASB ED of Proposed SAS: Auditing Accounting Estimates
Comment Letter by the PCPS Technical Issues Committee. Letter date: November 22, 2019
ASB ED of Proposed SAS: Amendments to AU-C Sections 800, 805, and 810 to Incorporate Auditor Reporting Changes from SAS No. 134
Comment Letter by the PCPS Technical Issues Committee. Letter date: October 28, 2019
ASB ED of Proposed SAS: Audit Evidence
Comment Letter by the PCPS Technical Issues Committee. Letter date: September 18, 2019
Preparation, Compilation and Review Standards
ARSC ED of Proposed SSARS: Quality Management for an Engagement in Accordance with Statements on Standards for Accounting and Review Services
Comment Letter by PCPS Technical Issues Committee. Letter Date: January 25, 2022
ARSC ED of Proposed SSARS: Materiality in a Review of Financial Statements, Adverse Conclusions, and Special Purpose Frameworks
Comment Letter by PCPS Technical Issues Committee. Letter Date: September 20, 2019
Ethics Standards
PEEC ED: Proposed revised interpretations and definition - Loans, acquisitions, and other transactions
Comment Letter by PCPS Technical Issues Committee. Letter Date: December 21, 2021
PEEC ED: Accounting Standards Implementation Services
Comment Letter by PCPS Technical Issues Committee. Letter Date: October 27, 2021
PEEC Proposed Interpretations and Definition: Responding to Noncompliance with Laws and Regulations (NOCLAR)
Comment Letter by PCPS Technical Issues Committee. Letter Date: June 29, 2021
PEEC Proposed Revised Interpretation: Staff Augmentation
Comment Letter by PCPS Technical Issues Committee. Letter Date: November 16, 2020
PEEC ED, Proposed Revised Interpretation: Records Requests
Comment Letter by PCPS Technical Issues Committee. Letter Date: September 28, 2020
PEEC Strategy and Work Plan: Consultation Paper
Comment Letter by PCPS Technical Issues Committee. Letter Date: February 28, 2020
PEEC ED, Proposed Interpretation: Hosting
Comment Letter by PCPS Technical Issues Committee. Letter Date: May 10, 2019
PEEC ED, Proposed Interpretation: State and Local Government Client Affiliates
(formerly Entities Included in State and Local Government Financial Statements)
Comment Letter by PCPS Technical Issues Committee. Letter Date: March 11, 2019
PEEC ED, Proposed Interpretation: Staff Augementation Arrangements
Comment Letter by PCPS Technical Issues Committee. Letter Date: February 5, 2019
Forensic Services Standards
Forensic and Valuation Services ED: Proposed Standard for Engagements of Forensic Service
Comment Letter by the PCPS Technical Issues Committee. Letter date: February 8, 2019
Governmental Accounting
GASB ED: GASB Proposed Concepts Statement: Notes to Financial Statements (Revised)
Comment Letter by the PCPS Technical Issues Committee. Letter date: October 14, 2021
GASB ED: Omnibus 20XX
Comment Letter by PCPS Technical Issues Committee Letter Date: September 13, 2021
GASB ED: Accounting Changes and Error Corrections
Comment Letter by the PCPS Technical Issues Committee. Letter Date August 26, 2021
GASB ED: Compensated Absences
Comment Letter by the PCPS Technical Issues Committee. Letter date: June 2, 2021
GASB ED, Financial Reporting Model Improvements and GASB ED, Recognition of Elements of Financial Statements
Comment Letter by the PCPS Technical Issues Committee. Letter date: February 26, 2021
GASB Preliminary Views, Revenue and Expense Recognition
Comment Letter by the PCPS Technical Issues Committee. Letter date: February 25, 2021
GASB ED: Implementation Guidance Update—2021
Comment Letter by the PCPS Technical Issues Committee. Letter date: January 25, 2021
GASB ED: GASB Proposed Technical Bulletin: Accounting and Financial Reporting Issues Related to the CARES Act
Comment Letter by the PCPS Technical Issues Committee. Letter date: June 25, 2020
GASB ED: GASB Proposed Concepts Statement: Notes to Financial Statements
Comment Letter by the PCPS Technical Issues Committee. Letter date: April 15, 2020
GASB ED: Certain Component Unit Criteria, and Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans
Comment Letter by the PCPS Technical Issues Committee. Letter date: April 10, 2020
GASB ED: Implementation Guidance Update—2020
Comment Letter by the PCPS Technical Issues Committee. Letter date: January 30, 2020
GASB ED: Omnibus 20XX
Comment Letter by the PCPS Technical Issues Committee. Letter date: October 1, 2019
GASB ED: Internal Revenue Code Section 457 Deferred Compensation Plans That Meet the Definition of a Pension Plan and Supersession of GASB Statement 32
Comment Letter by the PCPS Technical Issues Committee. Letter date: September 20, 2019
GASB ED: Public-Private and Public-Public Partnerships and Availability Payment Arrangements (Project No. 30-1)
Comment Letter by the PCPS Technical Issues Committee. Letter date: September 13, 2019
GASB ED: Subscription-Based Information Technology Arrangements
Comment Letter by the PCPS Technical Issues Committee. Letter date: August 22, 2019
GASB Proposed Implementation Guide, Leases (Project No. 3-24)
Comment Letter by the PCPS Technical Issues Committee. Letter date: February 28, 2019
GASB ED: Proposed Implementation Guide, Fiduciary Activities
Comment Letter by the PCPS Technical Issues Committee. Letter date: February 28, 2019
GASB ED: Financial Reporting Model
Comment Letter by the PCPS Technical Issues Committee. Letter date: February 15, 2019
GASB ED: Recognition of Elements
Comment Letter by the PCPS Technical Issues Committee. Letter date: February 15, 2019
Peer Review
No comment letters have been issued since 2019.
