Problem

The Public Company Accounting Oversight Board (PCAOB) is a direct outcome of the Sarbanes-...

The Public Company Accounting Oversight Board (PCAOB) is a direct outcome of the Sarbanes- Oxley Act of 2002. This is considered one of the most significant pieces of legislation to have been enacted in terms of financial reporting in several decades. To respond to the instructions in this case, use the methodology of your choice to locate the Web site of the PCAOB.

Instructions

a. State the mission of the PCAOB.


b. Access the category ”About Us” and list the names of the members of the PCAOB.


c. Access the category “Enforcement” and describe the authority the PCAOB has been granted by the Sarbanes-Oxley Act of 2002.


d. Access the category “Standards” and describe the responsibility of the PCAOB to establish standards that impact corporate financial reporting.

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