The PCAOB 2018-2022 Strategic Plan

The PCAOB voted unanimously to adopt its 2018-2022 Strategic Plan. The plan reflects five new values and five core strategies that the Board will advance to effectively fulfill its mission. 

Read the news release: PCAOB Approves Five-Year Strategic Plan and 2019 Budget

Read the Fact Sheet: 2018-2022 Strategic Plan

Read the 2018-2022 Strategic Plan

Our Values

In the 2018-2022 Strategic Plan, the PCAOB laid out five core values.

Integrity

We adhere to the highest standards of ethical and professional conduct. We engage internally and externally in a manner that is consistent, honest, and fair.

Excellence

We pursue excellence in all we do. We are committed to further developing the many talents of our people so that we can improve our oversight and operations.

Effectiveness

We manage our resources effectively and efficiently. We respond to a changing environment by implementing relevant, timely, and innovative solutions to achieve our mission.

Collaboration

We are dedicated to a culture of collaboration and inclusiveness, which we foster by encouraging openness, accessibility, trust, and respect. We embrace a diverse set of experiences, skills, perspectives, and backgrounds, which enriches our work and enhances the effectiveness of our efforts.

Accountability

We depend on the diligence and dedication of our people to accomplish our mission and implement our vision. We owe each other our very best effort and expect to be held accountable. We recognize and reward outstanding performance.

 

Our Strategic Goals

The Board approved five new goals to fulfill its mission.

Goal 1: Drive improvement in the quality of audit services through a combination of prevention, detection, deterrence, and remediation.

Goal 2: Anticipate and respond to the changing environment, including emerging technologies and related risks and opportunities.

Goal 3: Enhance transparency and accessibility through proactive stakeholder engagement.

Goal 4: Pursue operational excellence through efficient and effective use of our resources, information, and technology.

Goal 5: Develop, empower, and reward our people to achieve our shared goals.