Office of the Chief Accountant

The Office of the Chief Accountant (OCA) is a division of the Securities and Exchange Commission (SEC) that oversees accounting practices and standards for public companies. Its main role is to ensure that financial statements are accurate and transparent, which helps investors make informed decisions. The OCA reviews financial reports, provides guidance on accounting issues, and promotes the adoption of high-quality accounting standards. Essentially, the office plays a crucial role in maintaining trust in the financial reporting system by safeguarding the integrity of financial information presented to the public.