The Professional Practice Executive Committee (PPEC) consists of a representative from each CAQ member firm that audits 50 or more issuers and has 500 or more CPAs. Additional representatives from the remaining member firms are appointed by the CAQ Governing Board. Representatives from CAQ associate member firms are not eligible to serve on the committee.
The objectives of the PPEC are to:
- Provide a forum for member firms to express their views on technical and regulatory matters involving practice before the SEC and the PCAOB and advocate positions on behalf of member firms.
- Enhance the quality of member firms’ public company audit practices through:
- The development of educational information and tools, the communication of SEC/PCAOB developments, and the sharing of best practices.
- Discussion with the SEC, PCAOB, and others (e.g., Congress, stock exchanges) to communicate member firms’ views on SEC and PCAOB matters.
Catherine Ide, CPA
Vice President, Professional Practice