Does the Sarbanes-Oxley Act violate the Constitution by vesting members of PCAOB with too much power?

Congress must take steps to gain control of the Public Company Accounting Oversight Board.

The Sarbanes-Oxley Act should be rigorously applied to public accounting firms, the SEC, the Public Company Accounting Oversight Board, and the federal government.

AEI's Michael Greve reacts to the Supreme Court's decision on Sarbanes Oxley and the Public Company Accounting Oversight Board appointments.

In November 2003, fifty-seven specialists in accounting and accounting policy participated in a three-day discussion on the future of the accounting industry. The result of this discussion was broad agreement that major changes were necessary in what accountants are asked to certify and in the public perception of financial statements...

This event will discuss President Obama's health reform effort.

Since the 1930s, accountants and bank regulators have recognized the inherent weaknesses of mark-to-market accounting.