The Center for Audit Quality (CAQ) submitted a comment letter in response to the Public Company Accounting Oversight Board’s (PCAOB) request for comment on its Draft 2026-2030 Strategic Plan Goals and Objectives.
The CAQ commends the PCAOB for developing a strategic plan that reflects the evolving nature of the audit profession and capital markets. The CAQ supports the strategic plan and recommends that the Board focus on four key areas as it moves toward implementation: (1) the importance of organizational culture, professional development, and expertise; (2) emphasizing execution, prioritization, and coordination with the SEC; (3) continuing the evolution of inspections and inspections reporting; and (4) enhancing the role of the Office of the Chief Auditor in standard setting, implementation support, and interpretation.
Read the letter here.