Pronouncements issued by the Public Company Accounting Oversight Board are subject to formal approval by the

Question

Quizplus · Accepted Answer

Pronouncements issued by the Public Company Accounting Oversight Board (PCAOB) are subject to formal approval by the Securities and Exchange Commission (SEC). The PCAOB was created by the Sarbanes-Oxley Act of 2002 to oversee and regulate auditors of public companies. As a regulatory body, the PCAOB is subject to SEC oversight and approval of its rules and standards. Therefore, option D is the correct answer.

Pronouncements Issued by the Public Company Accounting Oversight Board Are