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Senators reintroduce PCAOB transparency legislation

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Mar 21, 2017

On March 21, 2017, in an effort to protect public investors, improve the oversight of corporate auditing, and ensure that the financial reports of publicly traded companies are accurate and reliable, U.S. Senators Jack Reed and Chuck Grassley reintroduced the PCAOB Enforcement Transparency Act.

The Reed-Grassley bill would make Public Company Accounting Oversight Board (PCAOB) disciplinary proceedings public to bring auditing deficiencies at the firms or the companies they audit to light in a timely manner and help deter violations.

Review the press release on the United States Senator's website.

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