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ARTICLE · 20 FEBRUARY 2014

Important Developments At The PCAOB

Morgan Lewis
Explore more from Morgan Lewis

The SEC recently issued an order approving the PCAOB’s budget for 2014 and expressing support for the PCAOB’s near-term priority projects as articulated in the PCAOB’s five-year strategic plan.

United StatesAccounting and Audit
Linda Griggs
Linda Griggs
Sean Donahue
Sean Donahue

The SEC recently issued an order approving the PCAOB's budget for 2014 and expressing support for the PCAOB's near-term priority projects as articulated in the PCAOB's five-year strategic plan. In the February 5 order, the Commission stated that it "encourages the PCAOB to continue keeping the Commission and its staff apprised of developments throughout the implementation of these near-term projects and looks forward to providing views to the PCAOB as future updates are made to the [strategic] plan." Several items included in the PCAOB's strategic plan and discussed by the PCAOB and SEC during the February 5 SEC Open Meeting approving the PCAOB budget reflect important developments at the PCAOB. These include the following:

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