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In our comment letter, we provide our views on certain topics addressed in the PCAOB staff’s briefing paper on the proposal that were discussed at the roundtable on 6 March 2024. While we continue to support the PCAOB’s efforts to modernize its standards, we express concerns about the threshold that auditors would apply when identifying all laws and about the extent of the auditor’s procedures to address the risk of material misstatement related to noncompliance with indirect laws and regulations under the proposal. We also recommend that the PCAOB repropose the amendments.