PCAOB Launches New Web Site

The new Public Company Accounting Oversight Board (PCAOB) has launched a new Internet site for those who want to keep up to date on the latest news and information regarding the Sarbanes-Oxley Act and the activities of the Board.

The new site, www.pcaobus.org, includes the latest news and events, career opportunities, and documents describing in detail the mission and practices of the board. You can also find biographical information about members of the board, as well as contact information including mailing address, telephone and fax numbers, and e-mail addresses.

The site contains briefing papers and working papers regarding the board's standards, investigative procedures, enforcement actions, and auditor registration system. The site also includes archived Web casts of PCAOB meetings. The text of the Sarbanes-Oxley Act is available on the site, as are links to related sites.

The PCAOB was established as a result of the Sarbanes-Oxley Act of 2002. The Act ordered that an independent body be established with the responsibility of overseeing all audits of public companies subject to U.S. securities laws. The Securities and Exchange Commission oversees the PCAOB.

The PCAOB Web site is operated by the PCAOB board itself and should not be confused with a similar site, www.pcaob.com, which is operated by Karl Nagel & Co., a California CPA. Although the Nagle site is not operated by the PCAOB, it provides a complete and well-organized reference to news from a variety of sources relating to the Sarbanes-Oxley Act, current and proposed rules, public company standards, and related resources.