The organization that is responsible for regulating auditors of public companies is called the:______.

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26-08-2022
Social Studies

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The organization that is responsible for regulating auditors of public companies is called the:______.

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AnnuG AnnuG · Answer 1 · 2022-09-04T23:31:06-04:00

The organization that is responsible for regulating auditors of public companies is called the Public Company Accounting Oversight Board (PCAOB).

The Public Company Accounting Oversight Board (PCAOB) regulates auditors of publicly traded companies, brokers, dealers, and other entities registered with the Securities and Exchange Commission (SEC) of the United States. The SEC oversees the activities of the PCAOB.

The PCAOB was formed in the aftermath of the accounting scandals in the 1990s, and has the aim of minimizing audit risks. By making auditors accountable to the set guidelines, the PCAOB protects the different stakeholders of publicly traded companies.

The PCAOB also has two advisory groups, namely the Standing Advisory Group and the Investor Advisory Group.

To learn more about Public Company Accounting Oversight Board (PCAOB): brainly.com/question/15393340

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