Protecting Investors in 2023

The PCAOB has three important tools to keep investors protected: enforcement, inspections, and standards. Guided by the PCAOB’s strategic plan, our Board is currently working to strengthen, enhance, and modernize those tools.

In 2023, we made significant progress, including modernizing our standards and rules to meet today’s challenges, enhancing our inspections to meet the challenges of today’s global economy, and issuing record-setting enforcement penalties for the second straight year to deter bad actors.