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Public Company Accounting Oversight Board history
Public Company Accounting Oversight Board company history timeline
President George W. Bush signed SOX into law on July 30, 2002, and implementation proceeded relatively quickly thereafter.
(8) General Accounting Office, “Securities and Exchange Commission: Actions Needed to Improve Public Company Accounting Board Selection Process,” GAO-03-339, December 2002, pages 15-16.
(3) SEC Press Release, “Statement of the Commission Regarding the Public Company Accounting Oversight Board,” 2002-118, Aug.
4, 2002). Webster himself announced his resignation from the PCAOB a week later -– less than three weeks after the PCAOB was set up.
The PCAOB has been functioning since the spring of 2003.
The cascade of questions about the need for the requirement, the nature of the requirement, and the guidance provided led the SEC to convene a Roundtable on Implementation of Sarbanes-Oxley Internal Control Provisions for April 13, 2005.
The PCAOB's headquarters are in Washington, D.C. Regional offices in 2005 were in eight locations: Atlanta, Chicago, Dallas, Denver, New York, Northern Virginia, Orange County (California), and San Francisco.
In 2005, AICPA leaders voted to create the Public Company Auditors’ Forum, comprised of the AICPA, large audit firms, and public members.
Since its founding in 2007, the CAQ has pursued an overarching mission of enhancing investor confidence and public trust in the global capital markets.
In March 2019, with Cindy Fornelli retiring after 12 years at the CAQ, the Governing Board unanimously approved Julie Bell Lindsay as the CAQ’s second Executive Director.
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Public Company Accounting Oversight Board competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Federal Deposit Insurance | 1933 | $5.5B | 5,977 | - |
| Common Cause | 1970 | $10.0M | 50 | 2 |
| Kirkland & Ellis | 1909 | $4.8B | 5,721 | 109 |
| American Accounting Association | 1916 | $10.0M | 64 | - |
| U.S. Securities and Exchange Commission | 1934 | $370.0M | 4,301 | - |
| ASIL | 1906 | $5.0M | 56 | - |
| Electric Power Research Institute | 1972 | $210.0M | 891 | - |
| NRECA | 1942 | $49.9M | 1,000 | 16 |
| The IACP | 1893 | $20.0M | 50 | - |
| EngenderHealth | 1943 | $58.4M | 500 | - |
Public Company Accounting Oversight Board history FAQs
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Public Company Accounting Oversight Board may also be known as or be related to Pcaob, Public Company Accounting Oversight Board, Public Company Accounting Oversight Board (PCAOB) and The Public Company Accounting Oversight Board(PCAOB).