Concerns Over the Quality of Financial Reporting Have Led, and Continue

Multiple Choice

Concerns over the quality of financial reporting have led, and continue to lead, to government initiatives in the United States.For example, the _____, among other things, established the Public Company Accounting Oversight Board (PCAOB) , which is responsible for monitoring the quality of audits of SEC registrants.This Act requires the PCAOB to register firms conducting independent audits of SEC registrants; establish or adopt acceptable auditing, quality control, and independence standards; and provide for periodic inspections of the registered auditors.

A) Securities and Exchange Act of 1933
B) Securities and Exchange Act of 1934
C) Investment Advisors Act of 1940
D) Sarbanes-Oxley Act of 2002
E) Investment Company Act of 1940