The US accounting oversight board plans to hire more inspectors next year to vet the work of auditors around the world as the agency tries to combat a rise in the rate of audits that fall short of core standards, under its 2024 budget approved Thursday.
The $384.7 million spending plan the Public Company Accounting Oversight Board backed unanimously would mark a 10% increase over current funding levels, the regulator said Thursday.
The spending plan calls for adding 20 jobs, half of them targeted for the agency’s inspections division. It would restore staffing in that unit to levels not seen ...
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