The PCAOB is charged with overseeing public company audits, setting audit standards, and investigating acts of noncompliance by auditors or audit firms.

Question

Quizplus · Accepted Answer

This is correct, the PCAOB (Public Company Accounting Oversight Board) is a nonprofit corporation created by the Sarbanes-Oxley Act of 2002 to oversee audits of public companies in order to protect the interests of investors and the public.

The PCAOB Is Charged with Overseeing Public Company Audits, Setting