Public Company Accounting Oversight Board - PCAOB

Public Company Accounting Oversight Board - PCAOB

A non-profit organization that regulates auditors of publicly traded companies.

Notes:

The PCAOB was established as a result of the creation of the Sarbanes-Oxley Act of 2002. The board's aim is to protect investors and other stakeholders of a public company by ensuring that the auditor of a company's financial statements has followed a set of strict guidelines.

See also: Audit, Blue Sky Laws, Cook the Books, Forensic Accounting, Generally Accepted Accounting Practices - GAAP, Public Company, Regulation Fair Disclosure (Reg FD), Sarbanes-Oxley Act - SOX, Securities & Exchange Commission - SEC