What is the PCAOB, the Public Company Accounting Oversight Board?
The Public Company Accounting Oversight Board (PCAOB) was founded and established in 2002 as a result of the Sarbanes-Oxley (SOX) Act. The PCAOB is a non-profit organization that monitors and governs external audit firms of public companies, and sets standards to improve the reliability of audits and protect investors. Two advisory groups were also formed under the PCAOB; they are the Standing Advisory Group and the Investor Advisory Group. For support and additional information, explore our automated SOX compliance solution.