The Sarbanes-Oxley Act Requires Accounting Firms That Audit Public Companies

The Sarbanes-Oxley Act requires accounting firms that audit public companies to register with the Public Company Accounting Oversight Board,and these accounting firms are subject to inspection and review by the board as follows:

A) Registered accounting firms that audit more than fifty public companies per year are inspected and reviewed at least once per year.
B) Registered accounting firms that audit more than seventy-five public companies per year are inspected and reviewed at least once per year.
C) Registered accounting firms that audit less than one hundred public companies per year are inspected and reviewed at least once every five years.
D) Registered accounting firms that audit less than one hundred public companies per year are inspected and reviewed at least once every three years.
E) Registered accounting firms are required to file annual reports, but the Board only investigates and reviews an accounting company if allegations of misconduct are alleged.