The Public Company Accounting Oversight Board was created by the American Institute of CPAs to oversee the public accounting profession.

Question

Quizplus · Accepted Answer

The Public Company Accounting Oversight Board (PCAOB) was actually created by the Sarbanes-Oxley Act of 2002, in response to accounting scandals such as Enron and WorldCom. The PCAOB was not created by the American Institute of CPAs.

The Public Company Accounting Oversight Board Was Created by the American