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ARTICLE · 30 APRIL 2018

PCAOB Seeks Public Input On Strategic Priorities

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The last of the five new members of the Public Company Accounting Oversight Board was sworn in earlier this month.

United StatesAccounting and Audit

The last of the five new members of the Public Company Accounting Oversight Board was sworn in earlier this month. The reconstituted Board's first major public initiative is to seek input into its strategic planning process through a public survey. Stating that it is "taking a fresh look at the organization and its future direction in fulfilling its mission," the Board is seeking "to obtain the views of external parties who have an interest in the PCAOB, such as investors, auditors, preparers, audit committee members, and academics." The questions posed in the survey include:

  • What degree of change, if any, is necessary so that the PCAOB can effectively respond to a changing audit profession and capital markets, as well as the needs of investors?

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