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Ted Dziekanowski one suspects with the Crypto issues of 2022 growing concerns over financial reporting and concerns raised over the application of appropriate accounting standards. The PCAOB is growing its budget to better enable oversight and assurance of accounting standards.
SoX has been a core practice for public firms for 20 years. With the SEC proposing cybersecurity risk management regulation, one suspects the PCAOB will need to focus on the adoption of cybersecurity oversight standards for the accounting profession in 2023.
#pcaob #accountingstandards #regulation #theaugustagroup #cybersecurity #cyberriskmanagement
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