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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 758 |
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The Act enforces other issues that will guarantee "auditor independence, corporate governance, internal control assessment, and enhanced financial disclosure" (CFO Strategies, Inc, 2007). Compliance with the Act is now overseen by two regulatory bodies: the Securities and Exchange Commission (SEC) for public companies and the Public Company Accounting Oversight Board (PCAOB), a nonprofit corporation that is a private company that was created by the Act itself, for their own independent auditors (CFO Strategies, Inc, 2007)...
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The Act enforces other issues that will guarantee "auditor independence, corporate governance, internal control assessment, and enhanced financial disclosure" (CFO Strategies, Inc, 2007). Compliance with the Act is now overseen by two regulatory bodies: the Securities and Exchange Commission (SEC) for public companies and the Public Company Accounting Oversight Board (PCAOB), a nonprofit corporation that is a private company that was created by the Act itself, for their own independent auditors (CFO Strategies, Inc, 2007)...
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