Chairman Logothetis Delivers Remarks at Investor Advisory Group Meeting

Remarks as prepared for delivery 

Good morning and thank you all for being here. I want to thank Saba [Qamar] and your team within the Office of the Investor Advocate (OIAD) for all your work organizing today’s meeting, as well as Amy [Copeland McGarrity], for your service as Co-Chair of the Investor Advisory Group (IAG), and of course, to all the IAG members for being here today. I am looking forward to getting to know you and working toward our shared goals of strengthening audit quality and protecting investors.

Before I proceed, please know that my remarks this morning reflect my individual views as the PCAOB’s Chairman and do not necessarily reflect the views of the full Board, my fellow Board Members, or the PCAOB’s dedicated staff. 

I joined the PCAOB because I believe deeply in the mission of protecting investors by strengthening the integrity of our capital markets. But I believe that mission is only as strong as the dialogue we maintain with those who rely on audited financial statements. The IAG has consistently served as a key forum for meaningful discussions about trends, risks, and the need to proactively consider future challenges.

That belief in transparent stakeholder outreach is why my first major initiative as Chairman was to kick off the PCAOB’s strategic planning process with an open comment period for the PCAOB’s strategic priorities. This marks the first time the Board has done something like this.

The comment period is open through Friday, May 15th, and we want to hear from you. The questions we posed are only intended to begin the dialogue, not define its limits. Please share your broader feedback and insights as we begin this critical process.

The PCAOB’s next chapter must be built on the perspectives of the people who know this ecosystem best—investors, auditors, audit committee members, academics, and more.

That is why strengthening stakeholder outreach is a top priority for me. As members of the IAG, the insights you share here today help us see emerging risks more clearly, understand where our work meets real-world challenges, and ensure our oversight reflects what is actually happening in practice.

As we convene today, I would like to acknowledge feedback received from our advisory group members who have felt that their recommendations have not always been considered or incorporated into the PCAOB’s activities.

This is something I am committed to fixing—for all of our advisory groups.

Beginning with today’s meeting, the PCAOB will adopt a more transparent and structured approach to considering your feedback: at the end of today’s session, we will recap the recommendations received from you, and in future meetings, we will update you on how your input has informed our thinking, actions, and priorities.

Your perspectives are essential to our mission. It is a new day at the PCAOB, and we aim to ensure your contributions are thoughtfully considered as we move forward.

So, I encourage you to speak candidly about what you are seeing, what concerns you, and where you believe the PCAOB can have the greatest impact. While we may not always agree on every point, we will always share a common purpose: maintaining trust in our capital markets and ensuring investors have the reliable information they need to participate in the markets.

Thank you again for your commitment and partnership. I look forward to a productive discussion today.