August 24, 2022
PCAOB Publishes 5-Year Strategic Plan for Comment
Last week, the PCAOB released a draft of its five-year strategic plan for public comment. The plan lays out the PCAOB’s roadmap built around four goals: (i) modernizing standards; (ii) enhancing inspections; (iii) strengthening enforcement; and (iv) improving organizational effectiveness. These are the same themes that PCAOB Chair Erica Williams spoke about back in July during a SOX-themed speech hosted by the Council of Institutional Investors. The PCAOB request comments on the draft strategic plan by September 15, 2022.
– Dave Lynn