PCAOB

The Public Company Accounting Oversight Board (PCAOB) is a nonprofit organization that oversees the auditors who examine public companies' financial statements. Its role is to ensure these audits are conducted independently, accurately, and in accordance with established standards, helping to promote transparency and protect investors. The PCAOB sets rules, conducts inspections of auditing firms, and enforces compliance to maintain trust in the financial reporting process. Essentially, it acts as a watchdog to ensure the integrity and reliability of financial information disclosed by publicly traded companies.