ACC 576 Go to the PCAOB Website. Next, analyze the role of the PCAOB to protect the public
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"PCAOB" Please respond to the following: ACC 576 Go to the PCAOB Website. Next, analyze the role of the PCAOB to protect the public. Based on your analysis, give your opinion as to whether you believe they possess enough of the requisite power to be effective in accomplishing their mission. Provide support for your opinion.
The role of the Public Company Accounting Oversight Board (PCAOB) was created by the SOX Act of 2002, to ensure that the auditors of public companies have the right policies in place to protect investors and the public interests. They also have a responsibility to evaluate the preparation of informative, fair, and independent audit reports are following the guidelines of the PCAOB. Since the board is being funded by the fees of the public companies, they must...