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PCAOB invites comment on slimmer strategic plan

Tammy Whitehouse | August 17, 2018

Audit regulators are circulating a slimmed-down strategic plan for public comment, giving stakeholders an opportunity to weigh in on how best to regulate public company auditing.

The Public Company Accounting Oversight Board has released a draft of its five-year strategic plan and is accepting comments on its vision for how to fulfill its duty to protect investors through quality audits. The five new members of the board embarked on a fresh start at the beginning of 2018, reaching out to both external stakeholders and internal staff to gather input on what’s working and what’s not at the regulatory operation established under the Sarbanes-Oxley Act.

The 15-page draft articulates five specific goals for...

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