On June 28th, the US Supreme Court voted on a decision in the Free Enterprise Fund and Beckstead and Watts, LLP v. Public Company Accounting Oversight kevin youkilis embroidered red mlb jersey Board and United States of America case. The vote rejected a challenge to the constitutionality of the Sarbanes-Oxley Act. The PCAOB was created under Sarbanes-Oxley in 2002, to oversee the auditors of public companies. The goals of the kevin youkilis embroidered red mlb jersey PCAOB are to?protect investors and public interest through the promotion of informative, fair and independent audit reports.
In the New York Times article "Justices Uphold Sarbanes-Oxley
"The court turned aside a broad challenge to one part of the law, which established the Public Company Accounting Oversight Board (PCAOB) to regulate the accounting industry. Some commentators had forecast that the court might throw out the entire law because of problems with the way the accounting board is appointed, but the justices refused to do so. Instead, in a 5-to-4 split, the court found that the way members of the oversight board could be removed was unconstitutional."
没有评论:
发表评论