On August 10, 2018, the Public Company Accounting Oversight Board released a draft of its five-year strategic plan. For the first time, PCAOB is seeking public comment on the draft plan to ensure its areas of strategic focus align with its mission to protect investors and the public interest. Through the five-year strategic plan, PCAOB plans to broaden its approach to improving the quality of audit services, ensure that its inspections and standard-setting activities account for technological advances, and engage more proactively with investors, audit committees and other stakeholders. Comments by the public are due by September 10, 2018. For more information see https://pcaobus.org/News/Releases/Pages/PCAOB-Seeks-Comment-on-Draft-Strategic-Plan.aspx and https://pcaobus.org/About/Administration/Documents/Strategic%20Plans/Draft-2018-2022.pdf and https://pcaobus.org/About/Administration/Documents/Strategic%20Plans/Draft-2018-2022.pdf.
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