Independent accountants that audit public companies come under the regulatory supervision of the PCAOB.

Question

Quizplus · Accepted Answer

This is correct. The PCAOB (Public Company Accounting Oversight Board) is a regulatory body that oversees the audits of public companies and the independent accounting firms that perform those audits. Therefore, independent accountants that audit public companies do come under the regulatory supervision of the PCAOB.

Independent Accountants That Audit Public Companies Come Under the Regulatory