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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
The head of the US audit regulator defended her agency’s watchdog role as Congress threatens to cut off its funding and reassign its duties to the SEC.
Congress created the Public Company Accounting Oversight Board more than 20 years ago to serve as a check on auditors responsible for vetting the corporate accounting of companies now worth trillions of dollars. That model of an independent watchdog, working outside of government, still serves investors today, Erica Williams, who chairs the non-profit board, told Bloomberg Tax in an interview Thursday.
“Investors are better protected today because of the PCAOB. We have not …
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US Audit Leader Defends Watchdog Under Threat From Congress – news.bloombergtax.com
