Public Company Accounting Oversight Board; Will It Protect Investors?

Public Company Accounting care display panel; allow for it Protect Investors? Public Company Accounting Oversight 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 oversee the analyze of public companies, subject to the securities laws, in order to protect the interests of investors (15 USC 7201, 2002). It was created in wake of the recent financial scandals of Enron, WorldCom, and Global Crossing to arrive at a few. This Act established by Congress is to create an oversight board, so that such scandals will never progress again.

Will this oversight board practise and will its work restore public confidence and encourage individuals to invest in the stock market again? The PCAOB is not a tax-payer funded agency. It is support by over 8800 companies and mutual funds 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: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper