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January 28, 2023

Strategic Plans

The PCAOB Has a New Five-Year Strategic Plan For You Guys to Critique

Nearly three weeks after getting reamed out publicly by SEC Chair Gary Gensler for being way too slow to update auditing standards that had been in effect BEFORE the PCAOB was created by the Sarbanes-Oxley Act, everyone’s favorite audit regulator released a draft of its five-year strategic plan, which includes four goals they hope to accomplish from […]

If You’re Really Big Into Commenting on Five-Year Strategic Plans, the PCAOB Wants to Hear From You

It’s been a slow day around GC HQ, and the weekend is almost here. But before we go, here’s a riveting article on the Public Company Accounting Oversight Board’s draft of its five-year strategic plan, which is now open for public comment. In a nutshell, a survey was sent out last April asking investors, auditors, […]

The SEC’s Four Year Plan Conspicuously Missing a Commitment to IFRS

The SEC is the worst long-distance boyfriend ever. For years it's been telling the IASB to just be patient and one day, they'll move in together, into an apartment with mostly the IASB's furniture except for the SEC's favorite ratty recliner and big screen TV. And everything will be wonderful! But the SEC's latest Strategic […]