The CyPAOB has established a five-year strategic plan with the following objectives:
- Ensuring effective internal organization and structure of CyPAOB.
- Enhancing the reliability of the audit profession, with a focus on the area of inspections.
- Promoting reforms to create a strong disciplinary system that is functional and effective.
- Strengthening the CyPAOB's international presence, both within the CEAOB (Committee of European Auditing Oversight Bodies) and the International Forum of Independent Audit Regulators (IFIAR), as well as collaborating with relevant authorities from other countries.
Additionally, the appointment of the CyPAOB's General Director as the new Chair of the Committee of European Auditing Oversight Bodies (CEAOB) for a four-year term, starting on 12 July 2024, demonstrates the trust of European institutions in the CyPAOB, as well as the commitment of its Board and Management to achieving their goals.