The Securities and Exchange Commission has unanimously approved the Public Company Accounting Oversight Board’s 2013 budget and the related annual accounting support fee that it charges to issuers and broker-dealers
The PCAOB budget totals $245.6 million and will be funded primarily by the collection of an accounting support fee totaling $234 million. The annual support fee was mandated under the Sarbanes-Oxley Act of 2002.
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