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 About the PCAOB 

About the PCAOB Header 
 

The PCAOB is a private-sector, nonprofit corporation created by the Sarbanes-Oxley Act of 2002 to oversee the auditors of public companies in order to protect investors and the public interest by promoting informative, fair, and independent audit reports.  

The Act required that auditors of U.S. public companies be subject to external and independent oversight for the first time in history. Previously, the profession was self-regulated.  

The five members of the PCAOB Board, including the Chairman, are appointed to staggered five-year terms by the Securities and Exchange Commission (SEC), after consultation with the Chairman of the Board of Governors of the Federal Reserve System and the Secretary of the Treasury. 

The SEC has oversight authority over the PCAOB, including the approval of the Board’s rules, standards, and budget.  

The Act established funding for PCAOB activities, primarily through annual fees assessed on public companies in proportion to their market capitalization.

 
     
 

Offices

Headquarters
Washington, D.C.

New York Office
New York, N.Y.
  Satellite Office
  Boston, Mass.

Atlanta Office
Atlanta, Ga.
  Satellite Offices
  Tampa, Fla.
  Charlotte, N.C.

Chicago Office
Chicago, Ill.
  Satellite Office
  Detroit, Mich.

Dallas Office
Irving, Texas
  Satellite Office
  Houston, Texas

Denver Office
Denver, Colo.

Orange County Office
Irvine, Calif.

San Francisco Office
San Mateo, Calif.


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