In a letter to the SEC from Micah Hauptman, Director of Investor Protection at the Consumer Federation of America, Hauptman supports proposed amendments to PCAOB standards concerning audit quality control and auditor responsibilities. The letter emphasizes that the amendments, while not perfect, will significantly improve audit quality and reliability of financial reports, benefiting investors. The letter discusses the shortcomings of current audit quality controls, highlights the importance of ongoing firm assessments and monitoring, and stresses the need for stronger quality controls, particularly for firms with significant audit practices. It advocates for clear guidance and accountability to enhance investor protection and ensure the integrity of financial disclosures.