Who appoints the members of the Public Company Accounting Oversight Board?
A)FASB
B)American Association of CPAs
C)Federal Trade Commission
D)Securities and Exchange Commission

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission (SEC) is responsible for appointing the members of the Public Company Accounting Oversight Board (PCAOB). The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports.

Who Appoints the Members of the Public Company Accounting Oversight