Certified Public Accountant (CPA) firms, the U.S. and abroad, that the audited financial statements for public companies with the SEC (Securities and Exchange Commission) registered with the Public Company Accounting Oversight Board must be registered (PCAOB), sometimes and Peekaboo. The PCAOB is a private, non-profit organization that was created by the Sarbanes-Oxley Act of 2002, which is under the jurisdiction of the SEC. Sarbanes-Oxley and the PCAOB have created in the wake of accounting fraud scandals of Enron and WorldCom. Currently there are over 2,000 public companies registered with the PCAOB, to wait with the inclusion of more. A list of current and upcoming registered companies can be found on the PCAOB Web site.

Only Certified Public Accountants (CPA) may want to consider statements in the name of a company or a charitable organization to prepare. For a non-certified accountants to become an auditor, the accountant working for an accounting firm for several years to 500 hours of test time to acquire, and a test of the American Institute of Certified Public Accountants and its condition. A CPA should be also 120 hours of continuing education courses every three years, their license.

The purpose of the Public Company Accounting Oversight Board is the statutory auditor (auditors, accountants (CPA), accounting) public companies look after the interests of the investors to protect and promote public interest in the preparation of informative, fair and independently audited financial statements. The purpose of the PCAOB, the quality of audited financial statements to improve, thereby increasing the risk of failures and control the public’s confidence in the process of financial reporting and the profession of accountants. The PCAOB has auditing, quality control, ethics and independence standards that are used by registered public accounting firms in the preparation of audited financial statements for listed companies, as required Sarbanes-Oxley Act of 2002 and the regulations of the Securities. and Exchange Commission

Sarbanes-Oxley Act of 2002 calls to the PCAOB: register all accounting firms that audit public companies and accounting firms registered check every year for those who annually reviews more than 100 public companies and at least once every three years for the review under 100, to assess the extent to which the ACP enterprises with the law, the rules of the PCAOB and the SEC and professional standards through the execution and delivery of audited financial statements and attestation services, examine aspects of public undertakings, and discipline all accounting firms and accountants, in violation of the laws or standards are connected. All accounting firms are required to peer review of their audit and accounting to the American Institute of Certified Public Accountants (AICPA) must meet a member of the Federal Executive Council Regulation (Generally Accepted Auditing Standards) and / or state licensing requirements.

It is the responsibility of the registered public accounting firms that audit financial statements of public companies to provide accurate and independent reports. can make by following the rules and regulations of the PCAOB, AICPA and GAAP registered companies CPA is the best quality of audited financial statements that present fairly and accurately the company’s IPO to identify material misstatements and errors or omissions caused by fraud, and protect the interests of investors.


Financial Accountant