The section of Sarbanes Oxley that establishes an independent board to oversee public company audits is:
A)Title I - Public Company Accounting Oversight Board
B)Title II - Auditor Independence
C)Title III - Corporate Responsibility
D)Title IV - Enhanced Financial Disclosures

Question

Quizplus · Accepted Answer

Title I of the Sarbanes-Oxley Act establishes the Public Company Accounting Oversight Board (PCAOB), which is an independent board that oversees public company audits to ensure they are conducted in a fair and unbiased manner. The PCAOB is responsible for setting auditing standards, inspecting audit firms, and disciplining auditors who violate professional standards.

The Section of Sarbanes Oxley That Establishes an Independent Board