The Public Company Accounting Oversight Board (PCAOB)was created ________.
A) by the Sarbanes-Oxley Act (SOX)
B) to perform audits of public companies
C) to make restitution to investors who were defrauded by the issuance of fraudulent financial reports
D) to require auditors to take responsibility for the accuracy and completeness of financial reports from firms they audit

Question

Quizplus · Accepted Answer

The Public Company Accounting Oversight Board (PCAOB) was created by the Sarbanes-Oxley Act (SOX) in 2002 to oversee the audits of public companies in order to protect investors and the public interest by promoting accurate and independent audit reports.

The Public Company Accounting Oversight Board (PCAOB)was Created ________