What organization has the authority to register, inspect, and discipline auditors of all publicly owned companies?
A)Public Company Accounting Oversight Board.
B)SOX.
C)Congress.
D)FASB.

Question

Quizplus · Accepted Answer

The Public Company Accounting Oversight Board (PCAOB) has the authority to register, inspect, and discipline auditors of all publicly owned companies in order to ensure that audits are conducted in a thorough and unbiased manner. SOX (Sarbanes-Oxley Act), Congress, and FASB (Financial Accounting Standards Board) are not responsible for these functions.

What Organization Has the Authority to Register, Inspect, and Discipline