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Public Company Accounting Oversight Board - PCAOB
What does it mean?
A non-profit organization that regulates auditors of publicly traded companies.
In Other Words...
The PCAOB was established as a result of the creation of the Sarbanes-Oxley Act of 2002. The board's aim is to protect investors and other stakeholders of a public company by ensuring that the auditor of a company's financial statements has followed a set of strict guidelines.
Related Links
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Related Terms
Audit | Blue Sky Laws | Cook the Books | Forensic Accounting | Generally Accepted Accounting Practices - GAAP | Public Company | Regulation Fair Disclosure (Reg FD) | Sarbanes-Oxley Act - SOX | Securities & Exchange Commission - SEC
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