PCAOB Approves 2026 Budget

At an open meeting today, the Public Company Accounting Oversight Board (PCAOB) approved its fiscal year 2026 budget.

Subject to approval by the U.S. Securities and Exchange Commission, the PCAOB’s budget reflects the resources expected to be necessary for the organization to carry out its statutorily mandated responsibilities under the Sarbanes-Oxley Act. For 2026, the budget is $362.1 million.

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About the PCAOB

The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB also oversees the audits of brokers and dealers registered with the Securities and Exchange Commission, including compliance reports filed pursuant to federal securities laws.