Commissioner Hester M. Peirce: "I cannot support a budget and accounting support fee that are designed to support the PCAOBโs current approach to its mission."
Source: https://www.sec.gov/news/statement/peirce-statement-pcaob-budget-121323
Thank you, Mr. Chair. The Public Company Accounting Oversight Board (PCAOB) opened its doors in 2003[1]ย to promote โinformative, accurate, and independent audit reports.โ[2]ย We sit here, twenty years later, considering the PCAOBโs $385 million budget. We owe it