The Cadbury Code resulted in the creation of the Public Company Accounting Oversight Board.

Question

Quizplus · Accepted Answer

The Cadbury Code was a code of best practices for corporate governance in the UK that was published in 1992. It did not directly result in the creation of the Public Company Accounting Oversight Board (PCAOB), which was established by the Sarbanes-Oxley Act of 2002 in response to accounting scandals such as Enron and WorldCom. The PCAOB oversees the audits of public companies to protect investors and the public interest.

The Cadbury Code Resulted in the Creation of the Public