Due to current concerns over accounting fraud,certified public accountants are now licensed by the Securities and Exchange Commission.

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Certified public accountants are not licensed by the Securities and Exchange Commission. Instead, they are licensed by state boards of accountancy. However, the SEC does play a role in regulating the accounting profession by setting standards for companies that file financial statements with the SEC and by enforcing rules related to auditor independence and ethical behavior.

Due to Current Concerns Over Accounting Fraud,certified Public Accountants Are