• 15 Years of SOX: Avoiding PCAOB Enforcement Sanctions
  • August 25, 2017 | Authors: Russell Duncan; Joel D. Schwartz
  • Law Firm: Shulman, Rogers, Gandal, Pordy & Ecker, P.A. - Washington Office
  • For most of United States’ history, those accounting professionals involved in public company auditing have had no dedicated federal regulatory oversight. While the U.S. Securities and Exchange Commission occasionally disciplined accounting firms and individual accountants in matters related to its enforcement of securities violations by public companies, state licensing authorities and professional associations such as the American Institute of CPAs (AICPA) acted as the principal regulator for accountants. This changed in 2002.