The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB also oversees the audits of brokers and dealers, including compliance reports filed pursuant to federal securities laws.
The Public Company Accounting Oversight Board (PCAOB) is a nonprofit corporation established by Congress to oversee the audits of public companies and other issuers in order to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports.
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Provides a comprehensive set of auditing standards for public companies and other issuers.
Conducts regular inspections of registered public accounting firms to assess compliance with the Sarbanes-Oxley Act, PCAOB rules, and professional standards.
Investigates and disciplines registered public accounting firms and their associated persons for violations of the Sarbanes-Oxley Act, PCAOB rules, and professional standards.
Conducts research and analysis on audit quality, financial reporting, and other topics relevant to the PCAOB's mission.
Offers resources and tools for investors to understand the role of audits and the importance of audit quality.
Engages in international cooperation to improve audit quality globally and protect the interests of investors.
Holds public meetings to discuss and deliberate on matters related to the PCAOB's mission and operations.
Develops and adopts rules governing the conduct of registered public accounting firms and their associated persons.
Provides educational programs and materials to enhance the understanding of auditing standards and practices.
Operates a whistleblower program that encourages individuals to report potential violations of the federal securities laws related to PCAOB-registered firms.
Washington, D.C., United States
William D. Duhnke III
Funded through annual accounting support fees paid by public companies and other issuers.
Established by the Sarbanes-Oxley Act of 2002.
To oversee the audits of public companies and other issuers to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports.
Focuses on enhancing audit quality, strengthening the PCAOB's operations, and fostering innovation in the audit profession.
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