Question

The sarbanes-oxley act created the _____ to protect the interests of investors and further the public interest in the preparation of fair and informative financial statements. financial accounting standards board (fasb) securities and exchange commission (sec) forensic accounting standards commission (fasc) public company accounting oversight board (pcaob)

Answer 1

The correct answer is the Public Company Accounting Oversity Board.

The Sarbanes-Oxley Act was enacted in 2002. It’s purpose was to protect investors and add additional oversight for corporations after a number of companies were caught up in accounting scandals and investors lost billions of dollars.