A board member’s perspective: PCAOB’s 5-year strategic plan, transformation initiatives, and current developments
Nov 01, 2018
On November 1, 2018, the Public Company Accounting Oversight Board (PCAOB) released a speech by James G. Kaiser, PCAOB board member.
In his speech, Mr. Kaiser explains how in a 2018 survey, investors named independent auditors as the most effective entity in their investor protection roles, with 81 percent of investors expressing confidence.
He continues by stating that they must ensure the PCAOB is functioning effectively in an ever changing environment. They need to position themselves to be innovative so that they can anticipate and respond to changes rapidly. To figure out how to do that, the PCAOB is taking a fresh approach to their mission and how they are developing their strategic plan to achieve that mission.
Review the full speech on the PCAOB's website.