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ARTICLE · 12 JANUARY 2026

Highlights From The 2025 AICPA Conference – Current SEC And PCAOB Developments

Alvarez & Marsal
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The three-day conference in Washington, DC, in December 2025 brought together AICPA, SEC, FASB, and PCAOB leaders alongside market practitioners to discuss priorities...

United StatesAccounting and Audit
Brett Kumm
Brett Kumm

Executive Overview

The three-day conference in Washington, DC, in December 2025 brought together AICPA, SEC, FASB, and PCAOB leaders alongside market practitioners to discuss priorities for US capital markets, standard-setting, audit oversight, and emerging topics such as AI, complex capital projects, and shareholder activism. Consistent themes included streamlining disclosures to revitalize public markets, elevating audit quality, and maintaining independence in light of AI and evolving firm structures.

At the conference, former FASB board member and current A&M Senior Advisor Marc Siegel moderated a session discussing how shareholder activism is shaping financial reporting and the CFO agenda. A&M Managing Director Jason Frankl served as a panelist, delivering practical, board level insights on shareholder activism emphasizing preparedness, engagement strategy, and disclosure judgment. Frankl highlighted real world tactics for stress testing vulnerabilities,

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