Public Oversight Board - Research Article from Encyclopedia of Business and Finance

This encyclopedia article consists of approximately 6 pages of information about Public Oversight Board.

Public Oversight Board - Research Article from Encyclopedia of Business and Finance

This encyclopedia article consists of approximately 6 pages of information about Public Oversight Board.
This section contains 1,617 words
(approx. 6 pages at 300 words per page)
Buy the Public Oversight Board Encyclopedia Article

The accounting profession has a unique responsibility in the United States. Regulators, investors, and the general public rely on certified public accountants to assure the integrity and credibility of corporate financial statements. At the same time, the accounting profession has considerable autonomy in regulating itself. To maintain self-regulation, the American Institute of Certified Public Accountants has developed a multilevel system of self-regulation based on exacting quality control standards. The Public Oversight Board plays a critical role within this system. The role of the Public Oversight Board is closely related to the Securities and Exchange Commission Practice Section.

The Securities and Exchange Commission Practice Section

On September 17, 1977, the American Institute of Certified Public Accountants (AICPA) established the Securities and Exchange Commission Practice Section as a voluntary organization of certified public accountant firms striving for professional excellence in the auditing services they provide to Securities and...

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This section contains 1,617 words
(approx. 6 pages at 300 words per page)
Buy the Public Oversight Board Encyclopedia Article
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Macmillan
Public Oversight Board from Macmillan. Copyright © 2001-2006 by Macmillan Reference USA, an imprint of the Gale Group. All rights reserved.