Public Company Accounting Oversight Board (PCAOB)
The United States Public Company Accounting Oversight Board (PCAOB) is a private-sector, non-profit corporation, created by the Sarbanes-Oxley Act of 2002, to oversee the auditors of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, fair, and independent audit reports. The Board is funded principally by fees from public companies. The costs of processing and reviewing public accounting firm registration applications is recovered from registration fees paid by those firms.
The PCAOB has four primary responsibilities:
- registration of accounting firms (including non-US firms) that audit public companies (including non-US issuers) trading in US securities markets;
- inspections of registered public accounting firms;
- establishment of auditing and related attestation, quality control, ethics, and independence standards for registered public accounting firms; and
- investigation and discipline of registered public accounting firms and their associated persons for violations of specified laws or professional standards.
This page focuses on the relationship of the PCAOB to non-US issuers registered in the United States and non-US audit firms.
US Public Company Accounting Oversight Board
1666 K Street, NW
Washington, DC 20006-2803
Phone: +1 (202) 207-9100
Fax: +1 (202) 862-8430
Email: info @ pcaobus.org