Public Company Accounting Oversight Board; Will It Protect Investors?

Public Company report care display gameboard; allow for it Protect Investors? Public Company Accounting supervising Board; Will it Protect Investors? The Public Company Accounting Oversight Board (PCAOB) was caused by Sarbanes-Oxley Act of 2002. This board was created to handle the analyze of worldly concern companies, subject to the securities laws, in come out to cling to the interests of investors (15 USC 7201, 2002). It was created in wake of the recent financial scandals of Enron, WorldCom, and Global crossway to arrive at a few. This Act established by Congress is to create an oversight board, so that such scandals provide never progress again.

Will this oversight board exercise and will its work restore public confidence and march on individuals to invest in the stock market again? The PCAOB is non a tax-payer funded agency. It is support by over 8800 companies and mutual currency that benefit from commutative audits (Epstein). The PCAOB principle duties are; 1. Register public accounting ...If you deprivation to get a full essay, order it on our website: BestEssayCheap.com

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