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40% of audit firms registered with PCAOB are non-US

  • PCAOB (US Public Company Accounting Oversight Board) (dark gray) Image

07 Jan 2005

As of 5 January 2005, 1,415 public accounting firms have registered with the US Public Company Accounting Oversight Board (PCAOB) to be allowed to audit the financial statements of US public companies.

Of those, approximately 540 (nearly 40%) are non-US audit firms from more than 70 countries. The Board has approved a budget of US$136.1 million for calendar 2005. The budget projects a 50% staff increase by the end of 2005 over the 261 staff at the end of 2004. Click for:

Correction list for hyphenation

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