The Public Company Accounting Oversight Board (PCAOB) was created as a result of the Sarbanes-Oxley Act. It

Question:

The Public Company Accounting Oversight Board (PCAOB) was created as a result of the Sarbanes-Oxley Act. It has oversight and enforcement responsibilities over accounting firms in the U.S.

Address: http:/lwww.pcaobus.org/

(or go to www.wiley.com/college/kimmel)

Instructions Answer the following questions.

(a) What is the mission of the PCAOB?

(b) Briefly summarize its responsibilities related to inspections.

(c) Briefly summarize its responsibilities related to enforcement.

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