Regulatory Effectiveness: An Evaluation of the PCAOB's Regulatory Structure

• In Event: History and Regulations

Abstract

The Public Company Accounting Oversight Board (PCAOB) is a relatively new agency that holds the vital role of regulator for auditors of U.S. public companies. Its regulatory effectiveness remains to be determined as it is only at the beginning of its tenure. For such an important organization, the PCAOB’s regulatory structure is something unexplored by existing literature. This paper seeks to add to the literature by examining the appropriateness of its regulatory structure and comparing it to other regulatory models and predecessor organizations.

Author

• Robert Sheu, Case Western Reserve University