The US Supreme Court will determine the
constitutionality of the Public Company Accounting Oversight Board
(PCAOB) on Monday 28 June.
A legal challenge was launched into the way
PCAOB members are appointed and the circumstances under which they
can be removed. It does not challenge the mission of the board.
The Centre for Audit Quality (CAQ) has
consistently thrown its support behind the PCAOB and will follow
the verdict closely.
CAQ said that since the passage of
Sarbanes-Oxley Act (SOX), the PCAOB’s role as independent audit
watchdog has led to substantial improvements in audit quality and
increasing investor confidence.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData