Which regulatory body sets auditing standards and oversees the audits of public companies in the United States?
A) Public Company Accounting Oversight Board (PCAOB)
B) Financial Accounting Standards Board (FASB)
C) American Institute of Certified Public Accountants (AICPA)
D) Securities and Exchange Commission (SEC)

Question

Quizplus · Accepted Answer

The PCAOB is responsible for setting auditing standards and overseeing the audits of public companies in the U.S.

Which Regulatory Body Sets Auditing Standards and Oversees the Audits