The body created by the Sarbanes Oxley Act and charged with oversight of the accounting profession is the:
A)Public Company Accounting Oversight Board.
B)Auditing Standards Board.
C)International Accounting Standards Board.
D)Securities and Exchange Commission.

Question

Quizplus · Accepted Answer

The Public Company Accounting Oversight Board, or PCAOB, was created by the Sarbanes-Oxley Act to oversee the accounting profession, specifically with regards to auditors of publicly traded companies. The Auditing Standards Board and International Accounting Standards Board are separate entities, and while the SEC has regulatory power over the accounting profession, it is not the body created by Sarbanes-Oxley.

The Body Created by the Sarbanes Oxley Act and Charged