The Public Company Accounting Oversight Board, which has authority to set accounting standards and discipline CPAs for misconduct, was established by the:

Question

Quizplus · Accepted Answer

The Public Company Accounting Oversight Board (PCAOB) was established by the Sarbanes-Oxley Act of 2002 in response to accounting scandals such as Enron and WorldCom. The PCAOB regulates and oversees the auditing profession and sets accounting standards for public companies.

The Public Company Accounting Oversight Board, Which Has Authority to Set