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PCAOB publishes strategic plan for 2014–2018

  • PCAOB (US Public Company Accounting Oversight Board) Image

Dec 01, 2014

The PCAOB has published its strategic plan for 2014–2018, which details the progress the Board has made since the previous plan update in November 2013 and outlines new objectives and strategies for the upcoming five-year period.

Specific objectives of the plan include:

  • Expanding “the use of data, information technology and economic analysis.”
  • Additional incorporation of “economic analysis into the PCAOB's standard setting and other rulemaking.”
  • Continuing expansion of “the scope of information and analysis in the interim broker-dealer audit inspection program while working to establish the permanent program.”
  • Further monitoring of “the ongoing pressures facing the global economy and the fiscal restrictions that are impacting public entities.”
  • Revision of “objectives and strategies relating to human resources, finance and facilities.”

The PCAOB’s 2014–2018 strate­gic plan is the foun­da­tion for its 2015 budget, which is subject to SEC ap­proval.

For more in­for­ma­tion, see the 2014–2018 strate­gic plan and the press release on the PCAOB’s Web site.

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