What is the role of the Public Company Accounting Oversight Board?

The PCAOB provides oversight for auditors of public companies, including establishing auditing and quality control standards for public company audits, and performing inspections of the quality controls at audit firms performing those audits.

The PCAOB provides oversight for auditors of private companies, including establishing auditing and quality control standards for private company audits, and performing inspections of the quality controls at audit firms performing those audits.

The PCAOB is responsible for ensuring that public companies comply with generally accepted accounting principles $($GAAP$).$

The PCAOB is tasked with overseeing auditors of public companies, including establishing standards and reports to ensure compliance with SEC requirements.