What kind of organization is the PCAOB, why was it formed, and what does it do?
All Answers
total answers (1)
total answers (1)
Accounting
- The PCAOB is a quasi-governmental organization overseen by the SEC.
- It was formed to provide governmental regulation of the standards used in conducting public company audits because of a perceived failure of the profession to adequately regulate itself.
need an explanation for this answer? contact us directly to get an explanation for this answer