SEC Approves PCAOB’s 2026 Budget

The SEC has announced that it has approved the PCAOB’s budget for 2026. The new budget is $362.1 million, representing a 9.4 percent decrease compared with the previous year. The reductions include (1) compensation decreases of 42 percent and 52 percent for the PCAOB’s board members and chairman, respectively, and (2) an 18.4 percent decrease in the accounting support fee.

For more information, see the press release — as well as the statement by SEC Chairman Paul Atkins — on the SEC’s Web site.