From the PCAOB website, review the information in "PCAOB Approves Five-Year Strategic Plan and 2019 Budget" (the PCAOB-approved 2019–2023 strategic plan). This strategic plan details five core goals along with supporting objectives to improve the quality, reliability, and transparency of auditing and financial reporting.

• Select one specific objective outlined in the strategic plan. In your own words, describe the purpose and goals associated with this objective.
• Explain how the elements of the PCAOB's strategic plan will impact your role as an accounting or auditing practitioner.