Half of PCAOB audit firms are non-US based
26 Nov 2008
As of 31 October 2008, there were 1,866 public accounting firms registered with the PCAOB, including 879 firms that are based outside the United States.
By law, registered firms with more than 100 public company audit clients must be inspected annually; firms with fewer public company audit clients must be inspected at least once every three years. This information is included in the PCAOB's announcement (PDF 17k) of its approved budget for 2009 of $157.6 million.
