What is Legal Terms - Public Company Accounting Oversight Board, PCAOB?

Public Company Accounting Oversight Board, PCAOB information: The Public Company Accounting Oversight Board, or PCAOB, was created by the Sarbanes-Oxley Act of 2002, also known as the Public Company Accounting Reform and Investor Protection Act. This board sits at the Securities and Exchange Commission and has general administrative authority for implementation of the Sarbanes-Oxley accounting reforms that are aimed at making the accounting practices of public companies more accurate and transparent.