January 9, 2023
SEC Approves PCAOB Budget
Right before the holidays, the SEC voted to approve the 2023 budget of the PCAOB and the related annual accounting support fee.
As noted in the press release announcing the action, the 2023 PCAOB budget totals $349.5 million. The accounting support fee totals $329.4 million, of which $300.3 million will be assessed on public company issuers and $29.1 million will be assessed on SEC registered broker-dealers.
– Dave Lynn