PwC's online "SEC comment letter trends" for the 12-month period ended March 31, 2026, is a consistently great tool that allows online exploration of recent Form 10-K and 10-Q comment letter trends and samples by industry or comment letter topic and provides easy access to topically relevant guidance.
Notably, based on an Audit Analytics analysis of comment letters year-over-year, the relative number of comment letters increased on MD&A and segment reporting; declined on non-GAAP measures and inventory and cost of sales; and remained flat on all other topics tracked, including disclosure controls and ICFR and revenue recognition. Comment examples by topic (MD&A, for example) are accessible with one click.
See industry-specific comment letter trends for the same period by clicking on a specific industry here and PwC's suggested practices on responding to comment letters here.
Access additional information & resources on our Financial Reporting page.
This post first appeared in the weekly Society Alert!