Explain The Major Responsibilities Of The Pcaob

The Public Company Accounting management Board (PCAOB)
1-Explain the major responsibilities of the PCAOB, which was created by the Sarbanes-Oxley Act of 2002.
The Public Company Accounting Oversight Board (PCAOB) was created in 2002 to oversee and discipline CPAs and public write up firms that audit public companies. This five-member board has the responsibility to establish or adopt auditing, attestation, quality control, ethics, and independence standards relating to preparation of audit overlays for The Securities and supersede Commission (SEC) registrants. In addition, the PCAOB has the responsibility to:
* Register public bill firms that audit public companies.
* Perform inspections of the practices of registered firms.
* Conduct investigations and disciplinary legal proceeding of registered firms.
* Sanction registered firms.
The PCAOB posts the results of the inspections on the PCAOBs website at www.pcaobus.org.
2-Name one news report firm that is REGISTERED with the PCAOB as of now and the location of their office home office … pick a firm that is closest to your home township or your favorite city.
There are a flowerpot of firms which are registered to the PCAOB over the world.



To give an example, Akis Bagimsiz Denetim ve Serbest Muhasebeci Mali Musavirlik AS (2639) that works in Istanbul, Turkey is registered to the PCAOB since 2006.

3- Find Deloittes most recent INSPECTION REPORT. What is the troth of that report? What is APPENDIX C of the published report utilize for?
Deloitte & Touche LLP (34) published the latest inspection report on 5/4/2010. In this report, appendix C shows reception of the firm to draft inspection report. Likewise, appendix C includes the Firms comments, if any, on a draft of the report.
According to the rule of 4007:
The Director of the component of Registration and Inspections shall make a draft inspection report available for review by the firm that is the subject of the report. 
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