The Securities Exchange Commission has oversight and enforcement authority over the Public Company Accounting Oversight Board.

Question

Quizplus · Accepted Answer

The Securities Exchange Commission (SEC) does have oversight and enforcement authority over the Public Company Accounting Oversight Board (PCAOB) as part of the Sarbanes-Oxley Act of 2002. The PCAOB was created by the Act to oversee the auditing of public companies to protect investors and improve the quality of public company audits. The SEC is responsible for supervising and enforcing the PCAOB's activities, ensuring their effectiveness and integrity, and providing guidance and interpretation of applicable laws and regulations.

The Securities Exchange Commission Has Oversight and Enforcement Authority Over