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PCAOB Registration System Approved

Order approving proposed rules regulating to registration system.

> > The SEC issued an order approving the PCAOB registration system for public accounting firms. Release No. 34-48180 (July 16, 2003). All U.S. public accounting firms must be registered with the Board if they wish to prepare ot issue audit reports on U.S. public companies, or to play a substantial role in the preparation or issuance of such reports, after October 22, 2003. Non-U.S. public accounting firms that wish to prepare or issue audit reports on U.S. public companies, or to play a substantial role in the preparation or issuance of such reports, must be registered by April 19, 2004.

Source: SEC news release


Published:2003-07-17
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