SEC approves the PCAOB’s 2017 budget and accounting support fee
Dec 14, 2016
At today’s public meeting, the SEC reviewed and approved the PCAOB’s 2017 annual budget and accounting support fee, a task that the Commission is required to perform annually in accordance with the Sarbanes-Oxley Act.
The PCAOB, which approved its 2017 budget on November 17, 2016, requested funding of approximately $268.5 million, a 4 percent increase from its 2016 budget of $257.7 million. The budget will be used to support the programs and operations in the Board’s 2015−2019 strategic plan.
For more information, see the press release on the SEC’s Web site.
